Economic Effects of Second Homes: a Case Study in Portugal

Title: Economic Effects of Second Homes: a Case Study in Portugal
Issue: Vol. 8, No 3, 2015
Published date: 20-10-2015 (print) / 20-10-2015 (online)
Journal: Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Authors: José António de Oliveira
Maria de Nazaré Oliveira Roca
Zoran Roca
Keywords: second home housing, economic effects, local development
DOI: 10.14254/2071-789X.2015/8-3/14
Language: English
Pages: 183-196 (14)

The aim of the present paper is to provide an analysis of the recent growth in emigration of highly skilled workers from Italy and to put it in the context of the overall crisis influencing Southern European countries. In doing so, a comparison of two recent studies on the phenomenon will be presented, highlighting the fact that nowadays highly skilled flows tend to have distinctive features, both in terms of forms and trajectories. Attention will be given to under-studied determinants surrounding the decision to move to urban centres that are not traditional poles of attraction for highly skilled people. This paper aims to warn of the need to revise, or at least complement, existing studies on the phenomenon with more updated theoretical paradigms.