According to the Guardian report on second homes in St. Ives:
Across at Bradleys estate agents, Jon Harvey, was fielding calls from investors keen for a piece of St Ives. He has just sold the artist Ben Nicholson’s home, Trezion, for £1m while not so long ago the company auctioned off three parking spaces for £160,000.
“Around 70% of property is sold as second homes or holiday lets,” he said. “It does make it difficult for local people to find a place to live but it’s all about market forces.”
So there we have it – the bulk of property is sold as second homes – ah its market forces!!!! Thats ok then.
Its time to limit ‘market forces’ for the benefit of the community so that its not easy to purchase homes for holiday use and to cut back on the existing number of second homes. Lets make St. Ives a living community not a luxury home enclave!