Networked geographies of private landlordism: mapping flows of capital accumulation and rent extraction

Abstract

Recent years have seen the resurgence of private-rental housing as both a place to live, and a site of capital investment. Individual landlordism is a key feature of this resurgence. This paper aims to understand the networked geographies of private landlordism. Drawing on Dutch register data, containing geocoded information on the full population and housing stock, this paper is able to uniquely link private-rental units to their (landlord) owners. By linking landlords’ places of residence and investment, flows of capital across space are visualized. Empirically, these findings show that, despite the liquidity of capital and the typical focus on transnational investments, most landlords invest locally or regionally, resulting in urban-regional networks of landlordism. These patterns pertain to landlord spatial strategies as well as the functioning of urban systems. Conceptually, findings demonstrate that property-based class relations between tenants and landlords are spatial relations as well, linking places of accumulation with places of extraction and reproducing spatial patterns of (dis)advantage.