Glossary


This glossary contains key terms from the whole text book. 

Browse the glossary using this index

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R

Real estate

Property in the form of land, houses or other buildings.


Redlining

Denial of, or discrimination in, providing various services by the public or private sector in certain neighbourhoods. Regarding financialization, inhabitants of redlined neighbourhoods cannot get loans or they are charged more for loans.


Refugee status

Legal status based on the Geneva Refugee Convention of 1951, granting protection to a person who “is unable or unwilling to return to their country of origin owing to a well-founded fear of persecution for reasons of race, religion, nationality, political opinion or membership of a particular social group”.


Regular / documented migrant

A migrant holding a valid residence permit.


Regularization

Policy intervention to address informality that recognizes the existence of informal settlements and looks for ways to incorporate them into the existing system of zoning, housing, and building regulations.


REIT (real estate investment trust)

A company owning, operating or financing real estate. REITs have lately become large players in providing, or speculating on, housing, thereby affecting housing affordability.


Rejection Identification Model

Refers to the social identity theory and proves that if a powerful majority is prejudiced and discriminatory toward a minority group this will lead to increased identification with the minority group and increased internal group cohesion thereby increasing the distance between the majority and the targeted minority.


Rent gap

The disparity between the potential ground rent level (the rent that might be gleaned under a ‘higher and better’ use) and the actual ground rent capitalized under the present land use.


Resettlement scheme

A mechanism of dispersal with the main intention to build a system whereby responsibility for the reception would be shared among the Member States, and solidarity among them enhanced (based on defined quotas per country).



Residence permit

A document issued by the competent national authority to a non-national stating the right to reside in the concerned state during the period of validity of the permit.


Residualisation

The trend that the social rented sector gradually becomes the exclusive domain of low-income households discussed before.


Restitution

The process in post-socialist countries involving returning property confiscated by the socialist regime to its original private owners or their descendants. There is no single system of property restitution laws and procedures that can be applied to all countries.


Right to Buy

A 1980s UK policy that was intended to encourage upward social mobility through enabling social housing tenants who had lived in a property for a significant period of time to purchase the property at a reduced cost.



Right to Rent

An act that requires landlords in the UK to check the immigration status of their tenants, and prohibits landlords from offering tenancies to those not living legally in the UK.


Roma

An umbrella term referring to different groups such as Roma, Sinti, Kale, Travellers (‘Gens du voyage’), Gypsies, Tsiganes, Romanichels, Boyash/Rudari, Ashkali, Egyptians, Yenish etc. Roma groups vary significantly according to identity-constructing factors such as language, tradition, subsistence strategies, and level of social inclusion in mainstream society.


Rooflessness

Living rough or staying in a night shelter.




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