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Second Homes for Local Revitalization: UK Policies and Second Home Development

Kim Sang Hee 1 Lee Cha Hee 2

1어번 리제너레이션 플러스
2국토연구원

Accredited

ABSTRACT

The demand for second homes has increased remarkably alongside the adoption of working from home and residential mobility since the outbreak of the COVID-19. In Korea, there was also political recognition that multiple dwellings can be an opportunity for repopulation and local revitalization. This research aims to establish the concept and characteristics of second homes, representing multi-habitation, by exploring international academic literature on concepts and advantages (or challenges) for local communities, and by analysing how policies have evolved along with the concepts and impacts that affected second home development in the UK. In conclusion, this research stresses conceptualising second homes broadly according to the use, purpose and types of properties, and proposes three key factors for second home development (such as the conditions preferred by diverse user groups, rental platforms, governance involving developers and managers at an early stage and the leadership of local authorities) for future research on corroborating the current trend of second homes and guiding policies in Korea.

Citation status

* References for papers published after 2022 are currently being built.