Cities, Housing and Profits: Flat Break-up and the Decline of Private Renting - Hardcover

The break up of London's mansion blocks provides the case study material for "Cities, Housing and Profits". The search for private profit has fuelled the transformation of the London housing market and the book documents and explores why this change is occurring and why flats which were previously rented are being sold for owner occupation. The transformation of urban residential space, the tenurial changes, the transformation of the purpose-built flat sector and the reasons for the change from renting to ownership are all examined in detail. Also documented is the variety of landlord response to these changes, together with the social consequences of the break-ups. Most of the detail concerns London, but a comparative study of condominium conversions in Holland and the USA is included to provide a useful guide to how other countries deal with this problem, including resident protest and state