Inhabiting in Financial Times: Housing and the Production of Space in Democratic Portugal

July 1, 2016 to June 30, 2019
36 months
Funding Entity
FEDER - Fundo Europeu de Desenvolvimento Regional funds through the COMPETE 2020 - Operacional Programme for Competitiveness and Internationalisation (POCI), and by Portuguese funds through FCT - Fundação para a Ciência e a Tecnologia

FINHABIT aims at studying the relation between housing provision and space production in Portugal from 1974 onwards. By studying housing in this semiperipheral European country, looking at the ways in which finance has shaped the use of space, FINHABIT endeavours to illustrate the importance of bringing space into financialisation studies, and financialisation into geographical studies.
Financialisation, broadly understood as the rise in the role of financial markets, actors and motives in the economy and society, is crucial to understanding the recent evolution of contemporary capitalism. But while financialisation is claimed as broadening and deepening the reach of finance within existing and new actors and sites, research has been insufficiently attentive to tensions between territorial and relational spatialities.
FINHABIT adopts an interdisciplinary approach, placing the study of housing provision in Portugal within its historical, political and geographical contexts so as to expose their systemic, sectorspecific and geographically differentiated dimensions. It organises research on the basis of relevant questions to the case at hand, inclusive of different levels, scales and units of analysis (e.g. European and national policy, the financial and the housing sectors, and individual behaviours and experiences), as well as the consideration of varied material and nonmaterial explanatory variables, including the interests and values that are favoured (as well as hindered) by ongoing processes of financialisation, and the diverse means by which these are promoted and advanced (e.g. institutional change and discourse), even if open to contradictions and tensions.


This work is funded by European Regional Development Fund (ERDF) through the COMPETE 2020 - Operational Programme for Competitiveness and Internationalisation (POCI), and by Portuguese funds through FCT - Fundação para a Ciência e a Tecnologia, within the scope of FINHABIT project, ref.ª PTDC/ATP-GEO/2362/2014 - POCI-01-0145-FEDER-016869.


Instituto de Geografia e Ordenamento do Território da Universidade de Lisboa (IGOT/Ulisboa)

Ben Fine
Gillian Hart
Manuel Aalbers
financialisation, housing, space, uneven development