SHOW APARTMENTS AS ‘AESTHETIC TRAPS’: RISK, ENCHANTMENT AND ILLUSORY HOMES IN LONDON’S OLYMPIC PARK

Abstract

Abstract This article offers a new analysis of the ‘show apartment’ as a device to disguise the power imbalance between prospective buyers of new off-plan homes and the global network of institutions that drive property development and mortgage-finance industries. Applying Gell’s notion of the ‘aesthetic trap’ to an ethnographic account of show apartments in a new neighbourhood in London’s Olympic Park, the article demonstrates how show apartments are an illusory form at the apex of a process of risk and commodification that disguises and normalises the risks to which potential homeowners are exposed.