Paper short abstract:

This paper explores the anxiety of home repossession in Greece during the economic crisis. It further addresses the cultural significance of the 'house' which relates to notions of social capital and is infused with rhetorical potential.

Paper long abstract:

Through thirty years of socio-economic prosperity many Greeks acquired indiscriminate bank loans to facilitate their consumer needs. Loans were commonplace among all social sectors for everyday sustenance as well as luxury goods that served as markers of prestige in the local community. Since the onset of the economic crisis the repayment of loans has been a source of considerable anxiety as income becomes uncertain and personal debts accumulate. This has led to the greatest anxiety of all - the potential repossession of homes.

Drawing on fieldwork conducted in central Greece, this paper explores the anxieties of home repossession and interrogates the cultural significance of the 'house'. As some actors lose all worldly belongings they reflect on imprudent investments made during times of unyielding prosperity and ponder the fate of their greatest possession: the house. The house defines the actors' position in the world and reveals a deeper anxiety of losing nation, family and sovereignty. This contributes another layer to the local critique of global events.