second home ownership<\/a> an even more unattractive prospect as he is looking to move wealth out of the property market and into other parts of the economy.<\/p>\nLast year, a Community Fund was also set up encouraging those who owned second homes in the county to put money towards funding affordable housing in Cornwall, in a move to appease disgruntled locals.<\/p>\n
Although the scheme has been popular with some, and is backed by Channel 5 presenter Alex Polizzi, who owns a cottage in St Mawes, it has been widely criticised as being a “guilt tax” for second home owners.<\/p>\n
Peter Olivey, an estate agent in Padstow, said: “Holiday homes are part and parcel of the county and the Cornish economy is stronger for it.<\/p>\n
“I have reservations about how successful this scheme will be and how many people will contribute. It’s not a bottomless pit \u2013 owners are already paying higher stamp duty. You could call it a ‘guilt tax’.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Former Prime Minister David Cameron has just bought a \u00a32m house in north Cornwall, as more areas in the coastal county push for restrictions on second homes. The “massive” house is just a mile away from Gordon Ramsay’s holiday home in Rock, and is an addition to Cameron’s \u00a31.5m Cotswolds cottage and his \u00a33.5m Notting… Read more »<\/a><\/p>\n","protected":false},"author":1069,"featured_media":6694,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[59,6],"tags":[341],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/6658"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/comments?post=6658"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/6658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media\/6694"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media?parent=6658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/categories?post=6658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/tags?post=6658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}