Benjamin Teresa

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Benjamin F. Teresa is an associate professor of Urban and Regional Studies and Planning in the L. Douglas Wilder School of Government and Public Affairs at Virginia Commonwealth University. Teresa’s research focuses on understanding financialization in urban housing, education, arts, and community organizing and development. He is also the co-director of the RVA Eviction Lab, a community-responsive research center for addressing housing instability.

https://wilder.vcu.edu

An illustration of homes on a conveyor belt going through a machine and coming out as golden homes. Green dollar bills are coming out of the homes. This illustrates the financialization of housing.

Community Control

The Financialization of Housing and Its Implications for Community Development

August 9, 2022 | Benjamin Teresa

Over the last two decades homeowners and investors have increasingly treated housing as a financial asset, like stocks or bonds. How has this changed the housing market for the worse, and how can we fix it?