Marketing mass home ownership and the creation of the modern working-class consumer in inter-war Britain
During the 1930s the British building industry and building society movement waged an aggressive campaign to sell the idea of home ownership to a new mass market. A number of sophisticated marketing strategies were employed to transform the popular image of a mortgage from 'a millstone round yo...
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Published in: | Business history 2008-01, Vol.50 (1), p.4-25 |
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Main Author: | |
Format: | Article |
Language: | eng |
Subjects: | |
Online Access: | Get full text |
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Summary: | During the 1930s the British building industry and building society movement waged an aggressive campaign to sell the idea of home ownership to a new mass market. A number of sophisticated marketing strategies were employed to transform the popular image of a mortgage from 'a millstone round your neck' to a key element of a new, suburbanized, aspirational lifestyle. Despite opportunistic behaviour by some developers, the spectacular success of this campaign both contributed to the fastest rate of growth in working-class owner-occupation during the twentieth century and had a substantial impact on consumption patterns for families that moved to the new estates. |
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ISSN: | 0007-6791 1743-7938 |