Category: Second homes

Rent as social self-defense

23 February, 2012 (09:17) | Apartments, Guest, Hotels, Markets, New York City, Rental, Second homes, Theory, Vacation homes |

By:David A. Smith   Some restrictions may apply   Mi casa es su casa, we say in our mangled Spanglish, but what do we mean?  As Kathleen Hughes of the Wall Street Journal (October 31, 2011) discovered, one never has no many friends as when one has property they covet:   We love our friends […]

Multi-housing families?

29 September, 2006 (14:29) | Families, Investment, Second homes, Tenure |

If the astonishing long-term strength of American home prices is not to disappear in a cyclical downturn, there must be permanent structural changes in US housing demand.  One such is the evolving modern home.  For another, consider this:   Could some households own more than one house?   How many houses in your family group? […]

Multi-housing families: the pied-a-veekend

28 July, 2006 (09:19) | Markets, Multifamily, Second homes, Vacation homes |

Because housing demand is elastic, as incomes rise, the affordable housing consumption also rises, leading not just to evolving modern bigger homes (McMansion or otherwise), but also to multi-home families.  Some temporarily separate for work; others seek out their own private weekend home, as ingenuously reported by the New York Times, delightedly discovering towns beyond […]