LPE Originals

What the UK Student Rent Strikes Reveal about Financialization

The Bristol Rent Strike, which now has over 1900 students pledging to withhold rent, is one of the many ongoing student strikes across the UK. Over the past few months, students at roughly 20 universities including Manchester, Oxford, and Cambridge have organized mass rent strikes, demanding overall reductions in rent, no-penalty contract releases, and better accommodation conditions. But one significant obstacle stands in their way: Many of these students live in financialized student housing—in buildings owned not by universities but by multi-million-dollar corporations. The financialization of student housing has fundamentally altered the relationship between universities and students and, in so doing, has complicated student resistance against housing injustice.