GENTRIFICATION AND DECLINE OF AFFORDABLE HOUSING ⟶ HOUSING COOPERATIVES AND OTHER NON-COMMODIFIED HOUSING MODELS PROVIDING PERMANENT AFFORDABILITY
Commodification is the conversion of housing from something that provides shelter, protection, privacy, space for personal and family activities into something that is bought and sold and used to make
- money. Thus, every step that limits the commodified character of
housing contributes to solving the housing crisis.
- Peter Marcuse
Commodification is a strategy for capital accumulation (deregulation, financialization and alienation).