General Article Changing attitudes to second home ownership

Topic Selected: Housing Book Volume: 396
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The number of people who own a second home has risen 33% in ten years according to data from the English Housing Survey. 

In 2018/19 there were 3.75 million second properties – up from 2.68 million a decade earlier. However attitudes to second home ownership are changing as the survey shows in 2018/19, 35% of second property owners thought of it as a long-term investment. Five years prior, this was 48%.

And the number of people who owned second homes as holiday homes has decreased as the buy-...

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