Economic development through second home development: Evidence from South Africa

Gijsbert Hoogendoorn, Gustav Visser

Research output: Contribution to journalArticlepeer-review

35 Citations (Scopus)

Abstract

This investigation aims to make a contribution towards addressing the general lack of academic reflection on second homes in South Africa. In particular, it aims to provide insight into the economic impact of second home development on smaller settlements in remote rural towns in the country. While the empirical evidence demonstrates the unique development characteristics and impact of South African second home development, the investigation also highlights the stimulation of new capital inflow, employment creation and property price appreciation.

Original languageEnglish
Pages (from-to)275-289
Number of pages15
JournalTijdschrift Voor Economische en Sociale Geografie
Volume102
Issue number3
DOIs
Publication statusPublished - Jul 2011
Externally publishedYes

Keywords

  • Economic impact
  • Second homes
  • Small towns
  • South Africa
  • Tourism

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Economics and Econometrics

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