Review paper
Vacation homes and regional economic development
Abstract
This paper studies the relationship between vacation homes and regional development. Vacation homes are often in peripheral regions with relatively low standards of living. Seasonal residents contribute income to these areas but make local housing costlier and may have negative effects on local housing, labour, and product markets. The paper introduces a model that demonstrates how demand for housing from seasonal residents affects the welfare...
Paper Details
Title
Vacation homes and regional economic development
Published Date
May 30, 2019
Journal
Volume
53
Issue
12
Pages
1696 - 1709
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