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Podcast: The Property Nomads Podcast
Episode: Tourism v Local Residents + Economy. Nobody will win...
Description: Rob revisits the impact of council tax hikes on second homes in Wales, particularly focusing on Pembrokeshire. He looks at the significant increase in second homes on the market, which has risen from 38 in July 2023 to 135 in July 2024, largely attributed to a drastic 300% council tax increase for second homeowners. The conversation highlights the ongoing tensions between local residents, tourists, and second home owners, emphasising the complexities of finding a one-size-fits-all solution. KEY TAKEAWAYS In Pembrokeshire, council tax for second homes has increased dramatically, with some homeowners facing a 300% rise. This has led to a significant increase i...