Quote:
Originally Posted by steeljack
I think that ( low property values) will be disputed by the local Cornishmen , I have friends who live there and there is a lot of resentment that when any property becomes available it is immediatly snapped up by out-siders willing to pay a premium price for a second 'holiday' home , leaving a shortage for the younger local population. Evidently these holiday homes also enjoy a substantial break on the Council tax since the house is un-occupied for the major part of the year ....don't know if this is a fact , but its what they tell me .
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I did say relative. I should have said relative to other south coast counties, all of which are relatively more expensive.
Cornwall is one of only four areas in the country that qualifies for poverty related grants from the EU. Apart from tourism, that is of course is seasonal, there are very few other industries there, now the mines are closed.