More Second Home Owners Turn to Rentals

The downturn in the economy continues to drive second-home owners to rent out their properties. Twenty percent of the respondents to a new survey by the vacation rental Web site HomeAway cited economic conditions, including job loss or the inability to sell their homes, as a reason for entering the rental market. The results fit with earlier reports, which found more and more owners turning to the rental market, even though they never intended to rent their properties. The most