This article examines the financialization and assetization of housing in an Eastern European context by focusing on the specific temporally bounded financial strategies to maintain housing as an asset and vehicle for social reproduction. It proposes the concept of liquid homeownership to account for the varied associations of housing with liquidity and the expectations of future increased exchange value that play an essential role in shaping financial decisions in the present. Drawing on ethnographic research in Bucharest, the article argues that upper‐middle‐class mortgage borrowers strategize their leveraged housing investment by navigating between two future horizons. To ensure that housing is an asset in the long term, mortgage borrowers prefer to evacuate the long‐term of the mortgage contract through medium‐term financial strategies of early repayment. Given the importance attributed to future liquidity from homeownership for providing for old age or securing children's future, the article argues that liquid homeownership, at least for ordinary homebuyers, is a reflection less of short‐term financial interest and more of a long‐term social reproduction need, pointing to the complex intermix of financial calculations and domestic concerns in the context of financialization of housing.

中文翻译：

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流动房屋所有权：在罗马尼亚布加勒斯特开拓未来视野，将房屋所有权转化为资产

本文研究了东欧背景下住房的金融化和资产化，重点关注特定的暂时有限的金融策略，以维持住房作为资产和社会再生产的工具。它提出了流动性住房所有权的概念，以解释住房与流动性的各种关联以及未来交换价值增加的预期，这些关联在当前的财务决策中发挥着至关重要的作用。文章借鉴布加勒斯特的民族志研究，认为中上层阶级抵押贷款借款人通过在两个未来视野之间导航来制定杠杆住房投资策略。为了确保住房是长期资产，抵押贷款借款人更愿意通过提前还款的中期财务策略来撤离抵押合同的长期期限。鉴于住房所有权的未来流动性对于养老或保障儿童未来的重要性，文章认为，流动性住房所有权，至少对于普通购房者来说，更多地反映了长期的社会利益，而不是短期经济利益。再生产需求，指出住房金融化背景下金融计算和国内问题的复杂混合。