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natural environment is clearly attracting second homeowners, demonstrating the importance of <br /> environmental quality to attracting and retaining seasonal residents. <br /> Property by the lake 71% <br /> Peaceful 63% <br /> Scenic beauty 57% <br /> Water quality 48% <br /> Family has a long tie to area 33% <br /> Proximity to family and/or friends 33% <br /> Proximity to recreational amenities 32% <br /> Small town atmosphere 24% <br /> Intend to retire here fill11■111111 23% <br /> Friendliness JIMIMMIIMMI 23% <br /> Investment potential 15% <br /> No purchase /I inherited 111111111111111111 15% <br /> Availability of properties 9% <br /> Lower property costs than other areas ANN 8% <br /> Climate Am 8% <br /> Other 8% <br /> Security 7% <br /> Lower taxes than other areas Al 4% <br /> Local living costs A 2% <br /> Dispersed development f 2% <br /> Rental income II 1% <br /> 0% 10% 20% 30% 40% 50% 60% 70% 80% <br /> Figure 12:Reasons for purchase of second home(n=568) <br /> Future Plans for Second Home <br /> The majority of <br /> seasonal residents <br /> 27% (56 percent) plan to <br /> transition <br /> permanently to their <br /> second homes, <br /> while more than a <br /> quarter(27 percent) <br /> 56% are undecided. <br /> Considering that <br /> 17% seasonal properties <br /> account for 31 <br /> percent of all <br /> housing units in the <br /> •Yes w.No •Undecided eight-county study <br /> area(2010 Census, <br /> Figure 13:Intention of respondents to retire to second home property(n=569) U.S. Census Bureau), <br /> this intent on the <br /> part of survey participants could impact the population and character of these rural communities. <br /> Second Homeowners of Central and West Central MN 11 <br />