“…Nevertheless, where housing stock is readily available second homes may be welcomed as a significant means of economic development (Hjalager, Staunstrup, & Ibsen, 2011;Hoogendoorn & Visser, 2010;Velvin, Kvikstad, Drag, & Krogh, 2013) and property price maintenance. Indeed, a further, though relatively underexplored aspect of second homes is the interrelationships between housing, real estate and investment policies in general and second homes (Bhattacharya & Kim, 2011;Bianco, 2006;Jurinski, 2010;Norris, Paris, & Winston, 2010;Oliveira, Roca, & Roca, 2013;Visser, 2004), including second home development and purchase and its influence on housing affordability (Hadsell & Colarusso, 2009;Williams & Twine, 1994). Further complicating the understanding of the relationship between second homes, displacement and housing concerns are issues of definition as to what constitutes a second home (Czarnecki & Frenkel, 2014), and the difficulty in differentiating between second homes for leisure and recreation and as an investment mechanism (Huang & Yi, 2011;Hui & Yu, 2009;Norris & Winston, 2009).…”