Abandonment to financialisation: Ancoats and the ongoing housing question

Continuing the focus on the district of Ancoats in Manchester, de Noronha and Silver consider the ever-shifting relations between capital and state in the shaping of the housing geographies of the neighbourhood. They continue the historical analysis in conversation with Engels’ ideas, showing how the post-industrial decline of the district created the conditions for future regeneration and subsequent gentrification of the area, and financialisation of the housing. The chapter concludes by thinking through the connections between housing and inequality, and the importance of understanding the changing relationship between capital and the state to do so.