Back Menu

Property News

‘It’s about keeping places alive’: Wales’s radical second-homes policy


Measures aim to preserve communities and keep more homes available for locals but critics say they are ‘anti-tourist’Mared Llywelyn Williams, a 29-year-old education officer at a heritage site on Pen Llŷn in north Wales would love to be able to afford her own home. “But there’s no chance,” she says. “A terraced house perfect for a first-time buyer goes for £300k, a one bedroom fisherman’s cottage, £250,000. That’s outside the price range for me and most young people here.”Llywelyn Williams left the Gwynedd village of Morfa Nefyn where she grew up for university, but after graduating wanted to return – and found she had no choice but to move back in with her family. Many of her contemporaries, even those with well-paid jobs – teachers, health professionals, lawyers – have left, squeezed out by second-home owners and property investors who have sent prices soaring. Continue reading…

Source : theguardian.com
Read more…‘It’s about keeping places alive’: Wales’s radical second-homes policy

Train strikes: Which lines are affected today and all October dates for planned walkouts
UK financial chaos: a survival guide for your mortgage, savings and energy
Thailand Property News