The Mudcat Café TM
Thread #91962   Message #1753178
Posted By: Paul Burke
05-Jun-06 - 04:38 AM
Thread Name: BS: advice on acquiring holiday property
Subject: RE: BS: advice on acquiring holiday property
Before you buy, consider what investing in holiday property does to the area. Sometimes it can be beneficial, and provide local employment, but all too often, it simply increases prices for local people, resulting in depopulation and loss of young people to the cities. Because the holiday homes are empty much of the time, when a small community has several of these, shops and other services decline.

I'm not saying don't do it, just think carefully about the possible effects.