Online House Hunter: Buying a holiday home | Alan Cleaver | Independent Property Blogs
ONE sector of the housing market which manages to weather the storms better than others is the second homes market. It indicates people seeing property as a good long-term investment but it’s also a vote of confidence in UK tourism.
Knight Frank Research shows the number of second homes in England steadily rising over recent years: 3.1% in 2006, 1.6% in 2007, then a slight dip of 0.4% in 2008 but a rise of 2.6% in 2009 and a tiny positive of 0.1% in 2010.
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