The Financialisation of Housing and Housing-related Family Support in Hungary, By Bence Kováts (Budapest, Akadémiai Kiadó, 2023)

Abstract

Bence Kováts’s book, The Financialisation of Housing and Housing-related Family Support in Hungary, builds on his doctoral dissertation and is driven by a pressing need to better understand the dynamics of commodification and de-commodification in housing, particularly within the context of Central and Eastern Europe (CEE), with a particular focus on Hungary. While global trends indicate a resurgence of commodification in housing, leading to increased reliance on familial support, it is unclear whether similar patterns are evident in the CEE region, where the transition from state socialism to market capitalism has uniquely shaped housing systems. Existing literature has concentrated mainly on high-income countries, creating a gap in understanding how familial support in housing has evolved in countries like Hungary, where historical and socioeconomic contexts differ significantly.