HOUSEHOLD DEBT
Household indebtedness is one of the important manifestations of how global financial processes lead to dispossession and socio-spatial inequalities. In the context of the Hungarian housing market, debt is an invisible but suffocating pressure on many households, which influences possibilities of livelihood beyond the issue of housing. In the framework of the Bertha Challenge in 2019-2020 we investigated this issue; connected relevant organisations working on the ground; and made information about household debt more broadly accessible through booklets and press appearances.
Outcomes
Semi-peripheral Financialization and Informal Household Solutions:
Embedded Scales of Uneven Development in Hungarian Fringes
2021. Jelinek, Csaba, Zs. Pósfai, Á. Gagyi, and A. Vígvári
In: Mikus, Marek, Rodik, Petra (eds.) (2021) Households and Financialization in Europe:
Mapping Variegated Patterns in Semi-Peripheries
Household Debt on the Peripheries of Europe
2020. Bródy, Luca Sára and Zsuzsanna Pósfai. Periféria Working Papers 3.
This English booklet follows the structure of the workshop we organized in November 2019, and discusses the structural similarities of household indebtedness on the peripheries of Europe with many case studies. It can be used as informational document for the wider public or as resources for popular education done by organizations working with issues of housing and / or indebtedness. Our aim with this and the working paper entitled The Indebtedness of Households in Hungary is to make complex processes and structural factors behind indebtedness more transparent and understandable.
The Indebtedness of Households in Hungary [A háztartások eladósodása Magyarországon]
2020. Bródy, Luca Sára and Zsuzsanna Pósfai. Periféria Working Papers 2.
This Hungarian booklet is based on the research we conducted between July - December 2019, and also on input from participants at the December 2019 workshop. We particularly recommend it to agents engaged with indebted households.
The Financialization of Housing and its Effects on Households [A lakhatás financializációja és ennek következményei a háztartásokra]
2019. Pósfai, Zsuzsanna. Demnet Foundation
In collaboration with DemNet Foundation we produced a pamphlet about the financialization of housing, and what this means for households; with a focus on Hungary.
