Abstract
This chapter presents a study of housing policy from the periphery. As we develop below, it is not its numerical significance as a tenure that makes shared ownership so important; rather, it is its totemic significance in housing policy and its location as a social housing low-cost homeownership “product” which make it an object of study. Our argument is that, in the very way in which it is discussed and represented in policy and by policy-makers, shared ownership appears as a very simple “product”, albeit one which has gone through a series of different iterations. And, most of all, shared ownership is constructed as ownership. That very simple ownership product, at heart, is how shared ownership came to be represented and translated by a range of others, including buyers—to adopt the metaphor widely used in policy documents, enabling people to “get a foot on the ladder” of “homeownership”. And, of course, these are very legal translations.
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Notes
- 1.
We are using the term “policy-makers” in this chapter in an inclusive sense.
- 2.
Stanley was cited as saying: “[W]hat he feels is most needed, to free this new departure from dependence upon public sector finance, is a ‘half-and-half’ scheme linked to an agency drawing upon private funds. … Even the building society people present began taking notes at that point” (New Society 1978, p. 257, 2 February 1978; “The Minister has seen the article … He was interested to see Mr Stanley’s involvement”: HLG118/3059 c).
- 3.
In fact, this fell away because of concerns about the adverse effect on Labour councillors in the impending local elections.
- 4.
As there was no “equity” being shared in these schemes.
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Cowan, D., Carr, H., Wallace, A. (2018). Shared Ownership and Housing Policy. In: Ownership, Narrative, Things. Palgrave Socio-Legal Studies. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-59069-5_2
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