second home

Not that Chinese workers are buying second homes or anything like that: Their average wage is still a little short of a dollar an hour.

"I wanted to sell to Japanese, " he said, "but Japanese can no longer afford second homes. "

In Greece, as in other Mediterranean countries, demand is particularly high for land near the sea to build second homes.

Locals swap stories of cunning borrowers who buy second homes for a song before deliberately defaulting on their first mortgages.

K. The data signal the end of an epoch defined by first and second homes, rising retirement funds and ever-fatter portfolios.

Some Russian-Jewish oligarchs boast second homes in the priciest neighborhoods along the Mediterranean coast.

The further increase in down payments for both first and second homes has also raised the cost of investment.

Others used the cash to build up property portfolios, often changing the definition of their "main" and "second" homes to maximise income.

The government is clamping down on lending for second homes as a way to cool a surge in housing costs.

Albertan energy executives, flush with cash from the oil rush, have flooded the region, building vineyards and second homes.

While Chinese homeowners are not generally leveraged, those who buy second homes do finance them.

But the new policies setting higher rates for purchases of second homes made that prohibitively expensive.

Many mainland Chinese have bought second homes on Hainan as vacation retreats and investments.

It seemed easier to make money speculating in second homes or commercial property than in sounder ventures.

"We need to reach the people who have their second homes, or their roots, in areas outside the capital, " he said.

They've mandated minimum down payments of 50% on second homes and are considering property taxes to rein in speculative purchases.

Foreign investors are building new tourist resorts and second homes for north Europeans.

They vacation here in vast numbers and buy second homes, often ruins that they lovingly rebuild.

The banking regulator has warned banks to more strictly enforce rules on mortgages for second homes.

These included [property taxes in large cities and] higher down payments for buyers of second homes.

In addition, very few of them buy boats, recreational vehicles, second homes, personal airplanes or invest in expensive vacations.

The mortgage rate for second homes was also increased.

These included higher downpayments for buyers of second homes.

It also raised the minimum required deposit on second homes from 20 per cent to 30 per cent of the purchase price.

And so the French middle classes acquired second homes in greater abundance than anywhere else outside Scandinavia.

The big increase came from debt on second homes.

Banks flooded the market with mortgage money in 2009 and into 2010. Loans for second homes. And third homes.

During middle age, people tendtoacquire assets, such as shares and second homes, as a future nest -egg.

At the second half of 2010, the state-owned banking system cut back on loans to developers, and tightened loans to buy second homes.

Shanghai said it would charge 0. 6 per cent on second homes.

As a result, asking prices for second homes have fallen 15% to 30% in recent months.

On the Spatial Distribution and the Influential Factors of Vacation-oriented Second Homes: A Case Study on Sanya City