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Economic development through second home development: Evidence from South Africa

  • University of the Witwatersrand
  • University of The Free State

Research output: Contribution to journalArticlepeer-review

43 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

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

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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