A recent housing report shows that 19,000 families are on council house waiting lists in Cornwall today.
Not surprising when house prices rose a whopping 274% between 1996 and 2006 in Cornwal and the average house price in Cornwall in Sept 2007 topped £231,400. To get a mortgage on the average house in Cornwall an individual would need to be earning over £66,000 – way above the average local wage of - £19,290.
With too few affordable homes to buy or rent, households on waiting lists for homes in Dec 2006 hit 19,728, a 128.7% increase in number of households on waiting lists since 2001.
Just 1030 affordable homes to rent were built across Cornwall between 2003 and 2006, whilst 600 were sold under Right to Buy. Over 10,000 affordable homes have been sold off under RTB since it was introduced in 1980.
With too few affordable homes to buy or rent, households on waiting lists for homes in Dec 2006 hit 19,728, a 128.7% increase in number of households on waiting lists since 2001.
Just 1030 affordable homes to rent were built across Cornwall between 2003 and 2006, whilst 600 were sold under Right to Buy. Over 10,000 affordable homes have been sold off under RTB since it was introduced in 1980.
The number of second homes in the County is 14,427. There was a 56% increase in second home ownership between 2000 – 2006, and many local communities are suffering as a result of under-use of local services due to second home ownership. Parishes said the official figures underestimate the numbers of second homes, and that as prices rise second home buyers are now turning to new builds and non-coastal locations.
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