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Marketable values: inventing the property market in modern Britain

By: Fitz–Gibbon, Desmond.
Material type: materialTypeLabelBookPublisher: Chicago The University of Chicago Press 2018Description: v, 240 p. Includes notes and index.ISBN: 9780226584331.Subject(s): Real property - Great Britain | Real property - Marketing | Real property auctionsDDC classification: 333.30941 Summary: The idea that land should be—or even could be—treated like any other commodity has not always been a given. For much of British history, the land was bought and sold in ways that emphasized its role in complex networks of social obligation and political power, and that resisted comparisons with more easily transacted and abstract markets. Fast-forward to today, when house-flipping is ubiquitous and references to the fluctuating property market fill the news. How did we get here? In Marketable Values, Desmond Fitz-Gibbon seeks to answer that question. He tells the story of how Britons imagined, organized, and debated the buying and selling of land from the mid-eighteenth to the early twentieth century. In a society organized around the prestige of property, the desire to commodify land required making it newly visible through such spectacles as public auctions, novel professions like auctioneering, and real estate journalism. As Fitz-Gibbon shows, these innovations sparked impassioned debates on where, when, and how to demarcate the limits of a market society. As a result of these collective efforts, the real estate business became legible to an increasingly attentive public and a lynchpin of modern economic life. Drawing on an eclectic range of sources—from personal archives and estate correspondence to building designs, auction handbills, and newspapers—Marketable Values explores the development of the British property market and the seminal role it played in shaping the relationship we have to property around the world today. https://www.press.uchicago.edu/ucp/books/book/chicago/M/bo28907929.html
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Books Vikram Sarabhai Library
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Slot 742 (0 Floor, West Wing) Non-fiction 333.30941 F4M2 (Browse shelf) Available 201156

Table of Contents

Introduction: Locating the Property Market
Chapter 1: The Marketplace
Chapter 2: Market People
Chapter 3: Calculating the Market
Chapter 4: States of Marketability
Chapter 5: The Limits of Marketability
Chapter 6: Conclusion: “Property for the Million”
Acknowledgements
Index

The idea that land should be—or even could be—treated like any other commodity has not always been a given. For much of British history, the land was bought and sold in ways that emphasized its role in complex networks of social obligation and political power, and that resisted comparisons with more easily transacted and abstract markets. Fast-forward to today, when house-flipping is ubiquitous and references to the fluctuating property market fill the news. How did we get here?
In Marketable Values, Desmond Fitz-Gibbon seeks to answer that question. He tells the story of how Britons imagined, organized, and debated the buying and selling of land from the mid-eighteenth to the early twentieth century. In a society organized around the prestige of property, the desire to commodify land required making it newly visible through such spectacles as public auctions, novel professions like auctioneering, and real estate journalism. As Fitz-Gibbon shows, these innovations sparked impassioned debates on where, when, and how to demarcate the limits of a market society. As a result of these collective efforts, the real estate business became legible to an increasingly attentive public and a lynchpin of modern economic life.
Drawing on an eclectic range of sources—from personal archives and estate correspondence to building designs, auction handbills, and newspapers—Marketable Values explores the development of the British property market and the seminal role it played in shaping the relationship we have to property around the world today.

https://www.press.uchicago.edu/ucp/books/book/chicago/M/bo28907929.html

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