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Podcast: The Property Nomads Podcast
Episode: Cornwall's Housing Issues + Good & Bad Proposed Solutions
Description: Rob looks into the housing challenges faced by Cornwall, a popular holiday destination in the United Kingdom, and the council's proposed solutions to the housing issues include a 300% council tax surcharge on second homes, a £3 tourist tax, closing a business rate relief loophole, and introducing rent caps. KEY TAKEAWAYS Cornwall Council is considering implementing a 300% council tax surcharge on second homes, a £3 tourist tax, and closing a business rate relief loophole. Introducing rent caps, whether on regular housing or Airbnb properties, is not a viable solution and may have negative consequences. Cornwall heavily relies on tourism, and...