Abstract
Increased leisure time combined with a growing youth-oriented population have provided the stimuli for a mushrooming outdoor recreation market. One evident example has been the commercialized second home subdivision. Over the last decade, much of our rural lands have been transformed into these urban- styled projects. According to developers, the need for such projects resulted from urban sprawl and population pressure on the one hand, and the idea of land scarcity on the other. Yet, by the beginning of the present decade, demand for this type facility was down dramatically and most of the major developers had been threatened by bankruptcy and legal suits concerning fraudulent misrepresentation and environmental desecration. To analyze the second home subdivision, this paper provides a cost-benefit methodological frame which interrelates recreational and pastoral demands with costs of alternative opportunities. Using a case study of alternative opportunities in the Puget Sound (Washington) regional market, the findings suggest that the recreation community was not a reasonable or satisfactory product for recreational and pastoral use.

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