> (Also, homeownership is 65% [1]. Second homeowners aren’t the problem.)
Is there a breakdown on what portion of this 65% own multiple homes? Personally, I’m not a fan of anyone who has more than 2 homes. One primary and one vacation or rental. Why does anyone need more than that?
Some people are professional small landlords. It’s an incredibly valuable service for people who don’t want the headache of home maintenance, and there are very significant economies of scale - 1 unit is generally not worth doing unless you really enjoy diy.
Is there a breakdown on what portion of this 65% own multiple homes? Personally, I’m not a fan of anyone who has more than 2 homes. One primary and one vacation or rental. Why does anyone need more than that?