New publication by Raffael Beier

04/14/2026 -

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This article looks at the relationship between affordable housing, finance and the state: What are motivations to intervene, the forms of financial and institutional innovation, and who bears the risks associated with financialisation processes?

Article

Gillespie, Tom, Williams, Glyn, Beier, Raffael, Gosnet, Antoine, Grazioli, Margherita, Purcell, Thomas F., Shen, Jie, and Callum Ward (2026) Affordable housing, finance and the state: towards a global urban comparison. Urban Studies (online first). DOI: 10.1177/00420980261436336

Keywords

affordable housing / financialisation / global comparison / housing policy / statecraft

Author

Raffael Beier

Abstract

The scale of the 21st-century urban housing challenge has prompted state actors in both the Global North and South to adopt increasingly interventionist approaches to ‘affordable’ housing production. This article draws on research in six cities (Shanghai, Nairobi, Paris, Casablanca, Salford and Rome) to discuss the changing relationship between housing, finance and the state through a global comparative perspective. It adopts an urban statecraft lens to examine affordable housing production as a site through which state actors engage with financialisation processes to different extents, leading to the reconfiguration of the state in the process.

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