
Affluence, Mobility and Second Home Ownership
Despite the current recession, the frequency of second home ownership is still surprisingly high throughout the western world. While the UK and Ireland previously had lower occurrences of multiple dwellings compared to the rest of Europe, they are quickly catching up with a current surge in the ownership of second homes. The recent MP expenses scandal in the UK has also drawn attention to the prev...
Despite the current recession, the frequency of second home ownership is still surprisingly high throughout the western world. While the UK and Ireland previously had lower occurrences of multiple dwellings compared to the rest of Europe, they are quickly catching up with a current surge in the ownership of second homes. The recent MP expenses scandal in the UK has also drawn attention to the prev...