Acknowledgement: We would like to acknowledge the joint funding support on the project entitled "The financialization of urban development and associated financial risks in China" from UK Economic and Social Research Council (ESRC) (ES/P003435/1) and Natural Science Foundation of China (NSFC) (NSF71661137004). We also thank research assistance from Yi Feng.

The word 'dwelling', to dwell, supposes engagement, in the sense that those who dwell are seen to engage with others and, in doing so, contribute to social capital and cohesion expressed in the forming of 'community'. Second home buying may be viewed as a course of action severing the process-product link between dwelling and community, as a brake on the community building process. In this paper, I contrast the view of dwelling as process -and its coupling with the 'traditional' place-community -with alternative notions of dwelling, and argue that the prevailing view is largely concerned with public and collective dwelling (and 'productive interaction'), and underplays the importance of private dwelling, and hence the self-identity and orientation -key aspects of dwellingthat flow from the use of private property, including the use of second homes.

The rural-urban fringe has been called 'planning's last frontier', and it is a frontier that is now receiving greater attention from policy makers. This is partly a result of ongoing reforms of the planning system—through the Planning and Compulsory Purchase Act 2004, and potentially through further legislation in 2007 or 2008—and the apparent opportunities that have been created to manage the inherent complexities of these near-urban interstitial landscapes through 'spatial planning'. This may include landscape enhancement and the provision of green infrastructure to meet community needs, which past green belt policy has tended to overlook according to the recent Barker Review of Land-Use Planning. This paper examines how spatial planning delivered at the local level, through area action plans (AAP), provides the potential to carry forward a new set of objectives at the rural-urban fringe, essentially, to reflect the 'multi-functional' nature of the fringe to a greater extent than past land-use planning with its emphasis on policy control. Existing green belt policy has been, for the past 50 years, an expression of this policy control focus. But what potential now exists to do more than merely control and respond to development pressure? Do AAP offer a means of enhancing the rural-urban fringe for the benefit of nearby communities and the wider environment? Can they 'bridge the gap' between the ideas of spatial planning and the need for transformative and integrative projects on the ground? These questions are asked in the context of a recent project at St Helens, in the north of England, which has aimed to carry forward a more holistic approach to the planning and management of the rural-urban fringe through area action planning rolled out by a local strategic partnership of public and private bodies.

Analyses of the impacts of second home ownership in rural areas, around the world, regularly align with a "loss of community" thesis, linking second homes to a range of negative socio-economic consequences. This article looks again at the second home issue, developing a perspective that attributes a particular social value to temporary and seasonal rural residence. It proposes a framework for thinking about this phenomenon that brings together writings on the nature of place dwelling with ideas of social capital accumulation, and the potential interconnectors that temporary residents provide between the otherwise closed (or more limited) social networks of some rural communities and wider socio-economic and professional worlds. It argues that second homes may give communities a potential store of "bridging" social capital. Moreover, it proposes that second homes have a clear social value within rural community structures, and aims to open a research agenda and debate around the measurement and likely extent of this value.