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).

  • splendoruranium@infosec.pub
    link
    fedilink
    English
    arrow-up
    1
    ·
    9 hours ago

    No, China, 1950

    It’s relevant because this site is crawling with tankies and people who unironically support landlord execution.

    There’s no actual person doing that in that article or in this thread though, is there?

      • splendoruranium@infosec.pub
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 hour ago

        You dudes don’t like my comment was popular so now you’re sealioning me, does that count?

        I’m just one person trying to engage with you over something that I initially found intriguing. Though it is a little bit less intriguing if it indeed didn’t reference anything real. I don’t know what else to tell you.