Investing
The Best Places to Buy a US Vacation Home
Surging rents mean better returns for owners of vacation properties, with a town in Virginia topping the list.
A boater on Lake Anna, Virginia.
Photographer: John Henley/Corbis/Getty ImagesThis article is for subscribers only.
Buying a home in the US is less affordable than ever before, but a vacation property can offer a big payoff for those who have the money.
The most popular vacation destinations can still deliver decent returns for rental-home owners, but rising prices mean the best capitalization rates, a measure of real estate returns, are in less-recognizable locations, according to new research by rental management company Vacasa.