This paper combines the political economy of financialisation with feminist care ethics and sociocultural geographies of home. Together, these perspectives explain why and how real estate is converted into liquid financial assets, and expose the implications for embedded relationships. The argument is developed through a case study of UK care homes, with particular attention to the role of real estate investment trusts. Investors in care companies have sought to render their real estate assets more calculable and profitable, by standardising the assets themselves into hotel‐like spaces. In effect, the work of translating between liquid finance and particular homes is transferred – from investors to those creating relationships in hotel‐like spaces. Yet the fundamental illiquidity of residents, relationships, and “home” constrain and destabilise financialisation. The paper concludes by discussing the implications of “liquid home” for economic, urban, and welfare geographies, and recommends that policy pay more attention to the financing of spaces for care.

中文翻译：

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液体回家？英国“酒店式”养老院建筑环境的金融化

本文将金融化的政治经济学与女性主义护理伦理和家庭的社会文化地理相结合。这些观点共同解释了为什么以及如何将房地产转换为流动性金融资产，并揭示了嵌入关系的含义。该论点是通过对英国养老院的案例研究得出的，特别关注房地产投资信托基金的作用。护理公司的投资者已试图通过将其自身标准化为类似酒店的空间，来使他们的房地产资产更具可计算性和盈利能力。实际上，在流动资金和特定房屋之间进行转换的工作已从投资人转移到了在类似酒店的空间中建立关系的人。然而，居民，人际关系，和“家”限制并破坏了金融稳定。本文最后讨论了“流动房屋”对经济，城市和福利地理的影响，并建议政策应更多地关注护理空间的融资。