I actually thought there was a good chance this would be some zany GD thread about bio-engineering the little yellow dudes to do menial tasks or whatever![]()
I'll be honest, this is why I actually clicked on it in the first place. Was disappointed..
![Stick Out Tongue :p :p](/styles/default/xenforo/vbSmilies/Normal/tongue.gif)
I actually thought there was a good chance this would be some zany GD thread about bio-engineering the little yellow dudes to do menial tasks or whatever![]()
Maybe the local sellers should choose to sell to a lower paying local, rather than a higher paying outsider.
Sorry, you can't do anything about it. The same thing happened where my mum lives, in fact, she's one of the people who bought the new properties.
I knew this could happen in Cornwall, it will happen elsewhere. "Local properties for local people" etc. Load of rubbish. Maybe I shouldn't have moved into Rotherhithe and left the properties for the local dock worker families?
It's difficult, i know places in Wales have added an additional council tax banding system for second homes in the area. The problem is the people affording second homes are happy to pay that so therefore you're not really addressing the issue of quiet periods ruining the community.
I like the scheme in Jersey were locals get a cheaper rate than "outsiders", but i'm not really sure how that's funded/works. If i'm selling a house i'd rather sell it to Mr City Boy for £1m, than John down the street for £200k
Maybe the local sellers should choose to sell to a lower paying local, rather than a higher paying outsider.
Have you seen the state of some of these places?Winner, winner, chicken dinner!
I’m sitting amongst them as I type this and they are all loaded, one just bought some beers with his phone!!
Maybe I shouldn't have moved into Rotherhithe and left the properties for the local dock worker families?
In Cornwall, there's a situation. All the Londoners have gone and bought second homes in Cornwall, or they have taken homes to use to rent out as Airbnb.
So this is the dilemma.
(1) Rich people surely deserve an output for their money as they've worked hard for it. So buying a second home or a holiday home is not that significant a crime.
(2) Local people want the ability to buy in the local area. But should local people have first preference, or should they have to move where the market dictates?
You've gone off on a tangent. The thread is about 2nd homes and properties bought for their Airbnb income.Well local people vote for the local authorities so a significant amount of it is up to them if they want to approve more homes etc...
One of my mates owns a holiday home which he's prohibited from renting out, some sort of covenant - not a drama for him, he's happy to have it as a holiday home but for others that might put them off/remove the Airbnb investors.
How far do people really want to go with the "locals only" thing - it all sounds right on when you're talking about "rich Londoners" but locals also include immigrants etc... if only people who were born/grew up there have access to some homes then... well it doesn't sound quite so right on then. The Pakistani doctor who moved to take a new consultant gig at the local hospital is he allowed to buy a house? Does he first need to rent in the area and gain a local address before he purchases?
Some social housing can be restricted that way - have to have lived in the relevant borough for say 5 years and have an income below £XX,XXX per year in order to qualify...
Fact is though Airbnb, holiday homes etc.. do inject cash into the economy - tourism is a big thing too. Perhaps the local authorities don't want to kill that all off by doing anything too drastic.
You've gone off on a tangent. The thread is about 2nd homes and properties bought for their Airbnb income.
I'm not suggesting people be preventing from moving to Cornwall. We're all free to move around, and live where we please. I might well exercise that freedom to go live in Slough, who knows
Also, preventing people from buying 2nd homes will not be the death-knell for tourism.
In Cornwall, there's a situation. All the Londoners have gone and bought second homes in Cornwall, or they have taken homes to use to rent out as Airbnb.
So this is the dilemma.
(1) Rich people surely deserve an output for their money as they've worked hard for it. So buying a second home or a holiday home is not that significant a crime.
(2) Local people want the ability to buy in the local area. But should local people have first preference, or should they have to move where the market dictates?
100% CGT on residential property that isn't your principal private residence.How do you propose preventing people from buying second homes?
Sorry, you can't do anything about it. The same thing happened where my mum lives, in fact, she's one of the people who bought the new properties.
I knew this could happen in Cornwall, it will happen elsewhere. "Local properties for local people" etc. Load of rubbish. Maybe I shouldn't have moved into Rotherhithe and left the properties for the local dock worker families?