Owners of second homes in Wales are having to sell up. That’s no disaster: it’s a godsend | Will Hayward
www.theguardian.com
Council tax hikes on holiday homes aren’t ‘anti-English’ or detrimental to tourism. This is about preserving embattled communities, says Guardian columnist Will Hayward

geteilt von: https://sh.itjust.works/post/38301389

To try to tackle this, the Welsh Labour government, alongside Plaid Cymru, introduced measures to curb second-home ownership. This included giving councils the ability to push council tax on second homes to 300% the usual rate. They also closed a loophole whereby second-home owners could register as a business in order to pay the much lower business rates.

Gwynedd council used these powers to hike council tax to 150% in April 2023. By the end of 2024, house prices had fallen by 12.4% as second-home owners tried to sell up. In Pembrokeshire, house prices fell by 8.9% after the council increased the council tax to 200% on second homes (though this was reduced to 150% recently).

    • 13igTyme@lemmy.worldEnglish
      1·
      1 hour ago

      Yes. That’s why I typed that I was referencing America when commenting on a European channel.

      Does that somehow negate the information as true? Do you think other places pay 150% of the value of the home every year in taxes? You could just buy a house every year and save money if that were true.