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Article
Publication date: 6 July 2020

Philippe Bachimon, Patrick Eveno and César Gélvez Espinel

This paper aims to explore the gradual commercialisation of second homes in non-urban locations and identifie a spectrum that ranges from lending to rentals to home exchange.

Abstract

Purpose

This paper aims to explore the gradual commercialisation of second homes in non-urban locations and identifie a spectrum that ranges from lending to rentals to home exchange.

Design/methodology/approach

This paper is a conceptual one based on a review of literature relating to the acquisiting and use of secondary residences or “second homes”.

Findings

This paper observes that the secondary residence is often the object of a material over-investment that is symbolic and mental. The owners never quite leave their main place of residence when in the secondary one. The result is not two complementary spaces, but a hybrid space made up of the interlocking of the two. This paper also concludes that digitalization has made it easier to rent a secondary residence for a short period of time, using for instance the Airbnb platform, thus making it more an object of trade than a second home. From a sustainability perspective, the COVID-19 pandemic is likely to bring to the relatively rapid growth of short-term renting a halt. Further, it may encourage owners to be more psychologically and physically invested in their secondary residence, thereby contributing more to the local economy.

Originality/value

Few authors have considered the way digital tools can alter the relation with the secondary place of residence.

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