COVID-19 and Second Home Prices in Switzerland: An Empirical Insight

2021 ◽  
Vol 13 (3) ◽  
pp. 375-386
Author(s):  
Thomas Bieger ◽  
Robert Weinert ◽  
Aristid Klumbies
Keyword(s):  
Panel Data ◽  
Home Ownership ◽  
Price Increase ◽  
Second Homes ◽  
Home Prices ◽  
Transaction Prices ◽  
Second Home ◽  
Research Propositions ◽  
The Impact ◽  
Empirical Insight

Abstract During the COVID-19 pandemic, second home ownership created several owner benefits. This paper analyses price changes of second homes during the pandemic. It derives propositions for the impact of the pandemic on the value of second homes for its owners. The contribution draws on panel data of transaction prices for second homes from Switzerland, a country with traditionally strong second home ownership, provided by Wüest Partner. The results show that there is a significant price increase for second homes – especially compared to apartments – after the start of the COVID-19 crisis. They also show that prices even in certain second-class destinations have risen significantly during the pandemic. Different research propositions are derived like that buyers might look for less crowded places in the pandemic, and the reduced benefits of intensive infrastructures during a pandemic.

scholarly journals Демографический дайджест

2016 ◽  
Vol 3 (3) ◽  
pp. 170-188
Author(s):  
Илья Савельевич Кашницкий
Keyword(s):  
Home Ownership ◽  
Later Life ◽  
European Population ◽  
Second Home ◽  
Internal Migrants ◽  
Recent Trends ◽  
The Impact ◽  
Migration And Development

Murphy M. The Impact of Migration on Long-Term European Population Trends, 1850 to PresentKelle J.,  A.O. Haller. Who Benefits from Economic Growth? Work and Pay in BrazilVictora C.G., R. Bahl, A.J.D. Barros, G.V.A. França, S. Horton, J. Krasevec, S. Murch, M.J. Sankar, N. Walker, N.C Rollins. Breastfeeding in the 21st century: epidemiology, mechanisms, and lifelong effect Stillwell J., M. Thomas. How far do internal migrants really move? Demonstrating a new method for the estimation of intra-zonal distanceMarjavaara R., E. Lundholm. Does Second-Home Ownership Trigger Migration in Later Life?Bell M., E. Charles-Edwards, P. Ueffing, J. Stillwell, M. Kupiszewski, D. Kupiszewska. Internal Migration and Development: Comparing Migration Intensities Around the WorldGoujon A., S. KC, M. Speringer, B. Barakat, M. Potancoková, J. Eder, E. Striessnig, R. Bauer, W. Lutz. A harmonized dataset on global educational attainment between 1970 and 2060 – an analytical window into recent trends and future prospects in human capital developmentCooray A., F. Schneider. Does corruption promote emigration? An empirical examinationUeffing P., F. Rowe, C.H. Mulder. Differences in Attitudes towards Immigration between Australia and Germany: The Role of Immigration Policy

Second Home Ownership and Sustainable Development in Northern Sweden

2002 ◽  
Vol 3 (4) ◽  
pp. 343-355 ◽  
Author(s):  
Dieter K. Müller
Keyword(s):  
Sustainable Development ◽  
Rural Areas ◽  
Home Ownership ◽  
Negative Impact ◽  
Host Community ◽  
Second Homes ◽  
Second Home ◽  
Societal Changes ◽  
Broad Overview

Second home tourism can be considered a good option for contributing to sustainable development in rural areas (i) due to its limited negative impact on environment and host community and (ii) due to its important contribution to local service suppliers. This is particularly true when the second home is not rented but owned. Hence, the purpose of this paper is to provide a broad overview of second home ownership in peripheral parts of Sweden and to discuss the interrelationship between sustainable development and second home tourism in these areas. It is argued that a decreasing demand for second homes due to societal changes in the metropolitan areas challenges the role of second home tourism for a sustainable development. The analysis is mainly based on a unique geographical database covering more than 500,000 second homes in Sweden and providing information about their value, location and owners. Recent statistics on second home usage are used to complement the other data.

Second Home Tourism During COVID-19

2021 ◽  
pp. 73-92
Author(s):  
Ali Inanir
Keyword(s):  
Tourism Industry ◽  
Second Homes ◽  
News Reports ◽  
Second Home ◽  
Tourism Sector ◽  
The World ◽  
The Media ◽  
The Subject ◽  
The Impact ◽  
Different Levels

The COVID-19 pandemic, which emerged in Wuhan, China in 2019 and then spread rapidly around the world, has also become a factor affecting the tourism industry in many aspects. Second homes, which meet a significant part of the accommodation within the tourism sector, have also been affected in different levels by this pandemic. This research, which attempts to reveal the extent of the impact, has examined the news that appeared in the media during the COVID-19 process in Turkey. As a result of the research, it has been revealed that 23 news reports have been made on different news sites related to the subject. Based on this news, it has been concluded that the COVID-19 pandemic has influenced the second home tourism in behavioral, environmental, and economic aspects. Some deductions have been made about the matter through these results.

The Impact of COVID-19 on the Rural Second Home Tourism

2021 ◽  
pp. 703-727
Author(s):  
Ersin Türk ◽  
Aygün Erdoğan ◽  
Beytullah Sulak ◽  
Gökhan Hüseyin Erkan
Keyword(s):  
Qualitative Research ◽  
Second Homes ◽  
Interview Technique ◽  
Second Home ◽  
Global Pandemic ◽  
Level Of Satisfaction ◽  
Depth Interview ◽  
The Impact ◽  
Home Users ◽  
Structured Questionnaire

The aim of this study is to examine the level of satisfaction of second home users in the EBSR countryside due to the COVID-19 pandemic. For this purpose, a qualitative research based on in-depth interview technique using semi-structured questionnaire was applied to six households. Gürgenağaç Village within the borders of Trabzon Province, Maçka District was selected as the case area. The study provided results to discuss whether rural second homes, which are seen as insurance against risks, fulfill the expected task by virtue of the global pandemic experience and the problems arising from second homes and their surroundings. In conclusion, the study shows that behaviors and attitudes of rural second home owners had significantly changed with the COVID-19 pandemic.

scholarly journals The commons and emergent land in Kvarken Archipelago, Finland: governing an expanding recreational resource

2018 ◽  
Vol 196 (2) ◽  
pp. 154-167 ◽  
Author(s):  
Kristina Svels ◽  
Ulrika Åkerlund
Keyword(s):  
Home Ownership ◽  
Small Scale ◽  
Power Relationships ◽  
Second Homes ◽  
Second Home ◽  
Land Survey ◽  
The Commons ◽  
Recreational Use ◽  
Privately Owned ◽  
Resource System

In this article, we explore governance structures of the recreational landscape of Kvarken Archipelago in Western Finland, an area where shore displacement occurs due to land rise and emergent (pristine) land is continuously created. Traditionally a production landscape, of fishing and small-scale agriculture, the recreational value of the archipelago has been acknowledged. The area is a popular second home destination and was designated UNESCO World Heritage in 2006. There are roughly 10,000 second homes within the study area, of which 14% are leaseholds located on emergent land. The emergent land thus makes up a common-pool resource system where private and collective use rights overlap. This article aims to understand the implications for recreational use (second home ownership) through interviews with different local stakeholders such as municipality planners, representatives of commons, local communities, and with environmental and land survey authorities. Especially, it sets out to ask, what kinds of value are created within the recreational resource system, what power relationships within the commons steer the management of the recreational resource system, and what are the implications for recreational use of the landscape. The results show different logics of recreational resource management locally in the studied commons. Access to second homes located within the collectively owned emergent land is limited to part-owners of the commons and tend to be less commercialized and also less modernized than privately owned second home plots.

scholarly journals Second home tourism present and future. The case of Greece.

2021 ◽  
Vol 9 (12) ◽  
pp. 2745-2753
Author(s):  
Akrivi Vagena
Keyword(s):  
Rural Areas ◽  
Leisure Time ◽  
High Growth ◽  
Way Of Life ◽  
Second Homes ◽  
Second Home ◽  
Clean Environment ◽  
The World ◽  
The Impact ◽  
Of Greece

Second-home tourism is a rapidly growing form of tourism around the world. Being an integral part of rural areas and their history, second homes are an established example of the post-productive consumption of the countryside. Τhe expansion of urbanization and the pressures of the urban way of life, as well as the search for a pleasant climate and clean environment, have contributed particularly to the development of second home tourism globally. This study intends to investigate the present, the future and the impact of second home tourism on destinations, local people and tourists. The development of second home tourism, or tourist home is, undoubtedly, a strongly evolving social phenomenon. Activated by economically developed societies and is linked to income growth, urbanization, the possibility of geographical mobility and the increase of leisure time. This phenomenon operates and intensifies, almost in parallel with tourism. Also, the study investigates the effects of second home tourism in Greece, a very popular destination for international and domestic tourism. The country has been experienced a high growth of second home tourism in the last few years.

Retrospective analysis of the resilience of Russian regions as socio-economic systems

2019 ◽  
pp. 46-64 ◽  
Author(s):  
Vladimir V. Klimanov ◽  
Sofiya М. Kazakova ◽  
Anna A. Mikhaylova
Keyword(s):  
Panel Data ◽  
Economic Systems ◽  
Financial Indicators ◽  
Russian Regions ◽  
Integral Index ◽  
Negative Effects ◽  
Economic Resilience ◽  
Correlation Dependence ◽  
The Impact ◽  
The Relationship

The article examines the impact of various socio-economic and financial indicators on the resilience of Russian regions. For each region, the integral index of resilience is calculated, and its correlation dependence with the selected indicators is revealed. The study confirms the relationship between fiscal resilience and socio-economic resilience of the regions. The analysis of panel data for 75 regions from 2007 to 2016 shows that there are significant differences in the dynamics of indicators in different periods. In particular, the degree of exposure to the negative effects of the crises of 2008—2009 and 2014—2015 in non-resilient regions is higher than in resilient ones.

Managing Service Quality, Food Quality, Price Fairness and Customer Retention: A Holistic Perspective

2020 ◽  
Vol 2 (1) ◽  
pp. 1-5
Author(s):  
Ammar Ahmed ◽  
Rafat Naseer ◽  
Muhammad Asadullah ◽  
Hadia Khan
Keyword(s):  
Service Quality ◽  
Food Quality ◽  
Service Sector ◽  
Customer Retention ◽  
Price Fairness ◽  
Policy Makers ◽  
Restaurant Management ◽  
The Subject ◽  
Research Propositions ◽  
The Impact

In this competitive environment, organizations strive to satisfy their customer by providing best quality service at affordable and fair prices with a view to enhance their revenues. To achieve the objective of revenue maximization, organizations strive to identify the factors that help them in retaining their customers. Drawing from the signalling theory of marketing, the current study proposes a novel conceptual model representing the impact of service quality with food quality and price fairness on customer retention in restaurant sector of Pakistan. The paper underlines an important arena of knowledge for academicians as well as organizational scientists on the subject. On the basis of literature available on the variables understudy, the present study forwards eight research propositions worthy of urgent scholarly attention. The conceptualized model of the present article can also be viewed significant in unleashing further avenues for the restaurant management entities, policy makers and future researchers in the domain of managing in the service sector businesses.

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