Bribe American with cheap second homes (9)
I believe the answer is:
bungalows
'homes' is the definition.
'bribe american with cheap second' is the wordplay.
'bribe' becomes 'bung' (I've seen this before).
'american' becomes 'a' (common abbreviation - e.g. in organisation names).
'with' means one lot of letters go next to another.
'cheap' becomes 'low'.
'second' becomes 's' (common abbreviation).
'bung'+'a'+'low'+'s'='BUNGALOWS'
(Other definitions for bungalows that I've seen before include "Single-storeyed houses" , "Houses with single storeys" , "Bogus lawn goes with the houses" .)