Power and rent-seeking in the second homes tourism market : evidence from selected villages in Iran
(2023) In Journal of Policy Research in Tourism, Leisure and Events- Abstract
Numerous studies have examined the challenges associated with developing second-home (SH) tourism in rural areas. However, little attention has been given to exploring the influence of power dynamics and rent-seeking behavior on the Real Estate Market for second homes (SHs). To address this research gap, our study conducted face-to-face interviews with key stakeholders in five selected villages in Iran. Our objective was to investigate the impact of power and rent-seeking on the SH market. Our findings reveal that rent-seeking activities have significantly increased in the Real Estate Market for SHs in these villages due to legal loopholes, weak rule of law, inadequate supervision, and severe economic crises. Rent-seeking has emerged as... (More)
Numerous studies have examined the challenges associated with developing second-home (SH) tourism in rural areas. However, little attention has been given to exploring the influence of power dynamics and rent-seeking behavior on the Real Estate Market for second homes (SHs). To address this research gap, our study conducted face-to-face interviews with key stakeholders in five selected villages in Iran. Our objective was to investigate the impact of power and rent-seeking on the SH market. Our findings reveal that rent-seeking activities have significantly increased in the Real Estate Market for SHs in these villages due to legal loopholes, weak rule of law, inadequate supervision, and severe economic crises. Rent-seeking has emerged as the dominant and most profitable activity within this market. By shedding light on the processes of rent-seeking in the Real Estate Market for SHs in developing countries, our study enhances our understanding of this issue. It contributes to the formulation of effective policies and regulations.
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- author
- Torabi, Zabih Allah ; Hall, C. Michael LU ; Aallam, Zaheer and Mokktari Karchegani, Ali
- organization
- publishing date
- 2023
- type
- Contribution to journal
- publication status
- epub
- subject
- keywords
- Iran, Power, real estate, rent-Seeking, rural areas, second homes tourism
- in
- Journal of Policy Research in Tourism, Leisure and Events
- publisher
- Routledge
- external identifiers
-
- scopus:85178207129
- ISSN
- 1940-7963
- DOI
- 10.1080/19407963.2023.2282526
- language
- English
- LU publication?
- yes
- additional info
- Publisher Copyright: © 2023 Informa UK Limited, trading as Taylor & Francis Group.
- id
- c4354632-51c6-4b52-9486-3ad1ebf46acf
- date added to LUP
- 2024-01-05 11:05:55
- date last changed
- 2024-01-05 11:07:01
@article{c4354632-51c6-4b52-9486-3ad1ebf46acf,
abstract = {{<p>Numerous studies have examined the challenges associated with developing second-home (SH) tourism in rural areas. However, little attention has been given to exploring the influence of power dynamics and rent-seeking behavior on the Real Estate Market for second homes (SHs). To address this research gap, our study conducted face-to-face interviews with key stakeholders in five selected villages in Iran. Our objective was to investigate the impact of power and rent-seeking on the SH market. Our findings reveal that rent-seeking activities have significantly increased in the Real Estate Market for SHs in these villages due to legal loopholes, weak rule of law, inadequate supervision, and severe economic crises. Rent-seeking has emerged as the dominant and most profitable activity within this market. By shedding light on the processes of rent-seeking in the Real Estate Market for SHs in developing countries, our study enhances our understanding of this issue. It contributes to the formulation of effective policies and regulations.</p>}},
author = {{Torabi, Zabih Allah and Hall, C. Michael and Aallam, Zaheer and Mokktari Karchegani, Ali}},
issn = {{1940-7963}},
keywords = {{Iran; Power; real estate; rent-Seeking; rural areas; second homes tourism}},
language = {{eng}},
publisher = {{Routledge}},
series = {{Journal of Policy Research in Tourism, Leisure and Events}},
title = {{Power and rent-seeking in the second homes tourism market : evidence from selected villages in Iran}},
url = {{http://dx.doi.org/10.1080/19407963.2023.2282526}},
doi = {{10.1080/19407963.2023.2282526}},
year = {{2023}},
}