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I distinguish between "investment property" and "second homes". An investment property is a working asset that's specifically there to generate income (eg by re

by jmyeet 4y ago

I distinguish between "investment property" and "second homes". An investment property is a working asset that's specifically there to generate income (eg by renting it out). "Second homes" here are really non-working assets (eg the family lake house).

calvinmorrison 4y ago
but lake houses and beach houses are seasonal and have little demand year round
- nullc 4y ago
  And usually in locations where the housing market isn't congested and where building additional units (especially if you don't care if they have a view) would be no big deal.