FINANCIALIZATION OF HOUSING

Financial processes play an increasing role in where and how households (and which households) can secure their housing. Our research showed how Hungarian housing processes are interrelated with global financial trends, which socio-spatial inequalities are inherent to housing loans, how household debt is created, as well as which role new institutional actors (such as claims management companies) play in the current housing crisis. Our public policy proposals outline ways to decrease households’ vulnerability to global financial processes. We have presented papers, have taken part in public debates and have produced audiovisual content about the interrelations of finance and housing.

 
REPORTS

Household Debt on the Peripheries of Europe

2020. Bródy, Luca Sára and Zsuzsanna  Pósfai. Budapest: Periféria Working Papers 3

The Indebtedness of Households in Hungary [A háztartások eladósodása Magyarországon]

2020. Bródy, Luca Sára, and Zsuzsanna Pósfai. Budapest: Periféria Working Papers 2

Rental Housing Cooperative Model in Hungary [Bérlői lakásszövetkezeti modell Magyarországon]

2020. Jelinek, Csaba, and Zsuzsanna Pósfai. Budapest: Periféria Working Papers 1

The Financialization of Housing and its Effects on Households [A lakhatás financializációja és ennek következményei a háztartásokra]

2019. Pósfai, Zsuzsanna. Budapest: Demnet Foundation

 
PUBLIC LECTURES

Housing Crisis and Renters' Self-Organization [Lakhatási válság és bérlői önszerveződés]

May 1, 2020. Pósfai, Zsuzsanna. Forum for Trade Union Cooperation [Szakszervezetek Együttműködési Fóruma]

A Response from Housing Cooperatives for Social Care Crisis [A lakásszövetkezetek válasza a gondoskodási válságra]

March 5, 2020. Pósfai, Zsuzsanna. Budapest: Friedrich Ebert Stiftung - Equal Care in East-Central Europe.

Building an alternative housing model from scratch in Budapest

November 5, 2018. Jelinek, Csaba. Prague: Akademické konferenční centrum. Organized by the Institute of Sociology of the Czech Academy of Sciences

 
WORKSHOPS

Housing in Hungary: Debt and Degrowth

June 5, 2019. Czirfusz, Márton. Ljubljana: Citizens for Financial Justice - Let's Talk: Debt Meets Degrowth

Household debt on the peripheries of Europe: new constellations since 2008 [Háztartási adósság az európai perifériákon 2008 után]

November 22-23, 2019. Bródy, Luca and Zsuzsanna Pósfai. Budapest: Gólya Cooperative Bar

The indebtedness of households in Hungary [A háztartások eladósodása Magyarországon]

December 14, 2019. Bródy, Luca and Zsuzsanna  Pósfai. Budapest: Gólya Cooperative Bar

 
PUBLICATIONS

Lakhatási helyzet a válság után. Financializációs folyamatok, kettészakadó lakáspolitikák és a háztartások túlélési stratégiái

2019. Gagyi, Á., Cs. Jelinek, Zs. Pósfai, and A. Vígvári

Fordulat 26, 199-224.

​Financialization and inequalities. The uneven development of the housing market on the eastern periphery of Europe.

2018. Pósfai, Zs., Z. Gál, and E. Nagy

In Fadda, S., Tridico, P. (eds.), Inequality and Uneven Development in the Post-Crisis World. London; New York: Routledge, 167-190.

Reproducing uneven development on the Hungarian housing market.

2018. Pósfai, Zs.

PhD dissertation, University of Szeged.

Crisis and the Reproduction of Core-Periphery Relations on the Hungarian Housing Market.

2017. Pósfai, Zs., and G. Nagy

European Spatial Research and Policy. 24(2), 17-38.

 
CONFERENCES

The long wave of dependent housing financialization in Hungary, 1970s-2010s. Financialization and development in the Global South

November 26-28, 2019. Czirfusz, Márton, Csaba Jelinek, Zsuzsanna Pósfai, and Linda Szabó. Buenos Aires: Financialization in the Global South

Seemingly New Directions of Housing Policies after the Financial Crisis

September 27, 2019. Pósfai, Zsuzsanna. Budapest: Metropolitan Research Institute 30 - Urban and Housing Systems Under Pressure: Varieties of Responses

A new wave of rental-based housing cooperatives in Eastern Europe? – The experience of the MOBA network.

August 28, 2019. Jelinek, Csaba and Zsuzsanna Pósfai. Athens: European Network of Housing Research.

Household debts from housing perspective [Háztartási adósság lakhatási szempontból]

November 19, 2018. Pósfai, Zsuzsanna. Budapest: MAKISZ - National Debt Management Conference and Workshop

The financialization of housing in the semi-periphery

July 20-22, 2018. Budapest: Central European University (CEU).  Organized in cooperation with CEU, Department of Sociology and Social Anthropology. 

PRESS APPEARANCES
 

Crisis management of the Orban government: debts instead of social support [Orbánék válságkezelése: támogatás helyett adósság]

May  20, 2020. napiPartizán#31

How will housing conditions change after the pandemic? [Hogyan fogunk lakni a járvány után?]

May 15, 2020. Glamour- women's magazine

Loans and debts of households before, during and after the pandemic [Hitel és háztartási adósság járvány előtt, alatt, után]

April 16, 2020. Éva Magazin - women's magazine [Hegedüs, Barbara]

How global financial markets influence your housing costs. [Így befolyásolja a globális pénzpiac, hogy mennyibe kerül a lakhatásod]

April 30, 2018. Pósfai, Zsuzsanna. mérce.hu

Channels and Patterns of Investment in the Hungarian Housing Market

January 30, 2018. Pósfai, Zsuzsanna. Leipzig Institut für Landerkun

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