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Age Segregation, Intergenerationality, and Class Monopoly Rent in the Student Housing Submarket
Author(s) -
Revington Nick
Publication year - 2021
Publication title -
antipode
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.177
H-Index - 98
eISSN - 1467-8330
pISSN - 0066-4812
DOI - 10.1111/anti.12710
Subject(s) - monopoly , accommodation , neighbourhood (mathematics) , politics , urbanization , sociology , economics , class (philosophy) , economic rent , political science , market economy , economic growth , psychology , law , mathematical analysis , mathematics , neuroscience , artificial intelligence , computer science
Studentification—the concentration of students within a particular neighbourhood and associated impacts—represents a “generationed” or age‐segregated housing submarket defined by a distinct life course stage. I analyse this submarket through the lens of David Harvey’s concept of class monopoly rent, a critical theory of residential submarkets, drawing on semi‐structured interviews with key informants and students in Waterloo—Canada’s largest private purpose‐built student accommodation market. Planning interventions, real estate strategies, and neighbourhood politics have intertwined to enable the extraction of class monopoly rent from a clearly delineated student housing submarket. I show how studentification, and the age segregation it entails, is produced by and serves to reproduce capitalist urbanisation, illustrating temporal power dynamics of rent. A radical political response to the impacts of studentification on students and other residents alike must therefore adopt an intergenerational perspective that confronts class and life course dimensions of the process simultaneously.