{"id":92296,"date":"2018-06-24T16:00:21","date_gmt":"2018-06-24T09:00:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-desirable-southwold-locals-rise-up-against-blight-of-empty-holiday-homes\/"},"modified":"2018-06-24T16:03:19","modified_gmt":"2018-06-24T09:03:19","slug":"in-desirable-southwold-locals-rise-up-against-blight-of-empty-holiday-homes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-desirable-southwold-locals-rise-up-against-blight-of-empty-holiday-homes\/","title":{"rendered":"In desirable Southwold, locals rise up against blight of empty holiday homes"},"content":{"rendered":"<p>&#013;<br \/>\nProperty investors accused of squeezing the life out of picturesque Suffolk resort and distorting economy\u201cWe don\u2019t wish to be sounding nimby, or that we\u2019re not keeping up with the times,\u201d worries Will Windell, a Southwold councillor, \u201cbut you need to see the effect that this stuff has in a real way on a small community.\u201d The stuff, for the full-time residents of Suffolk\u2019s picturesque coastal town, is the news that second-home owners in the area are exploiting a legal loophole to dodge council tax. \u201cWe\u2019re subsidising all the local services,\u201d says Windell, exasperated, in an impromptu meeting conducted over a dining table. \u201cWe pay for the refuse collection and the roads; these guys don\u2019t, and it\u2019s distorting the local economy.\u201dEarlier this month David Beavan, a retired farmer and Liberal Democrat candidate in the upcoming Southwold and Reydon byelection for the district council, researched Southwold\u2019s most desirable streets \u2013 rows of grand townhouses and charming cottages closest to the beach \u2013 and discovered that 260 properties were registered as small businesses, intended as holiday lets for a minimum of 140 days per year and without any obligation to fulfil that requirement or to then pay any council tax. According to his follow-up survey, around 80% of those houses stood empty most of the time. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/uk-news\/2018\/jun\/24\/southwold-empty-holiday-homes-squeeze-life-out-of-suffolk-resort\" target=\"_blank\">In desirable Southwold, locals rise up against blight of empty holiday homes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Property investors accused of squeezing the life out of picturesque Suffolk resort and distorting economy\u201cWe&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-92296","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-o0E","jetpack-related-posts":[{"id":97456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lets-move-to-southwold-suffolk-a-pretty-face-showing-signs-of-stress\/","url_meta":{"origin":92296,"position":0},"title":"Let\u2019s move to Southwold, Suffolk: a pretty face showing signs of stress","date":"September 7, 2018","format":false,"excerpt":"\r What it\u2019s experiencing now is the logical end to gentrificationWhat\u2019s going for it? 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Instead it actively makes their situation worse. On Arran and in other\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24208,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lets-move-to-folkestone-kent-tom-dyckhoff\/","url_meta":{"origin":92296,"position":3},"title":"Let\u2019s move to\u2026 Folkestone, Kent | Tom Dyckhoff","date":"January 9, 2015","format":false,"excerpt":"\r It\u2019s not the new Hastings. It\u2019s the new and, indeed, the old Folkestone \u2013 and all the better for itWhat\u2019s going for it? We\u2019ve been to Folkestone before, in distant, heady times before iPhones and credit crunches, when I probably said it was the new Hastings or something. In\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15616,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/us-treasury-secretary-blasts-china-over-distorting-and-damaging-steel-glut\/","url_meta":{"origin":92296,"position":4},"title":"US Treasury secretary blasts China over &#039;distorting and damaging&#039; steel glut","date":"June 6, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...US Treasury secretary blasts China over 'distorting and damaging' steel glut","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92336,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-latest-policy-for-deflating-the-property-bubble-merely-buys-time-instead-of-offering-relief\/","url_meta":{"origin":92296,"position":5},"title":"China\u2019s latest policy for deflating the property bubble merely buys time, instead of offering relief","date":"June 25, 2018","format":false,"excerpt":"\r Real estate is the driver of the Chinese economy. 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