'Cash the Equity and Realize Yourself': An anthropological approach to house values

    12 Citations (Scopus)

    Abstract

    The article presents results from an anthropological research project on privately owned single family houses in Denmark. On the basis of ethnographic interviews and within a framework of anthropological theory it argues that an understanding of the equity or "free value" as the literal Danish translation of this economic term would be cannot be achieved without taking into consideration values attached to the house in a broad sense. People's choices about whether or not to realize the free value of the house by remortgaging are determined by many factors besides economic ones. Social values and obligations towards kin and other people are involved in such choices, and the article argues that anthropological theories on materiality, values and economics as embedded can contribute to a more holistic understanding of equity and the house as property and asset for middle class families.

    Original languageEnglish
    JournalHousing, Theory and Society
    Volume29
    Issue number4
    Pages (from-to)382-400
    Number of pages18
    ISSN1403-6096
    Publication statusPublished - Dec 2012

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