2018
DOI: 10.13060/23362839.2018.5.2.442
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Informal Practices in Housing Financialisation: The Transformation of an Allotment Garden in Hungary

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Cited by 13 publications
(12 citation statements)
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“…In the introduction, the special role of allotment gardens in developing countries has been emphasized. Gagya and Vigvári [23] presented the situation of allotment gardens based on the example of Central and Eastern Europe, where there is a phenomenon of living in such areas.…”
Section: Review Of Research On Allotment Gardensmentioning
confidence: 99%
“…In the introduction, the special role of allotment gardens in developing countries has been emphasized. Gagya and Vigvári [23] presented the situation of allotment gardens based on the example of Central and Eastern Europe, where there is a phenomenon of living in such areas.…”
Section: Review Of Research On Allotment Gardensmentioning
confidence: 99%
“…The financialisation view explains Hungarian housing developments as primarily shaped by the current wave of re-commodification transforming housing into an investment vehicle that is less and less affordable (Gagyi and Vigvári, 2018;Pósfai, 2018;Gagyi et al, 2019;Pósfai and Jelinek, 2019). Authors apply the same periodisation of housing developments as authors following the transition approach, however, they identify different drivers of housing policy and market change in certain periods: while the transition approach explains periodic changes by the often improvised strategies of subsequent national governments to manage tensions generated by the economic transition, the financialisation approach argues periods overlap with global housing market cycles and changes in housing policy are driven by global processes (Pósfai, 2018;Gagyi et al, 2019).…”
Section: The Financialisation Approachmentioning
confidence: 99%
“…They acknowledge housing outcomes can be more severe during busts, however, they also highlight increasing reliance on household resources during housing booms. Households rely on their own resources and those of their social network during housing busts to escape homelessness due to defaulting on mortgage payments, but also during mortgage booms to escape housing markets heated by housing price appreciation (Gagyi and Vigvári, 2018;Gagyi et al, 2019).…”
Section: The Financialisation Approachmentioning
confidence: 99%
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