Rob looks into the housing challenges faced by Cornwall, a popular holiday destination in the United Kingdom, and the council's proposed solutions to the housing issues include a 300% council tax surcharge on second homes, a £3 tourist tax, closing a business rate relief loophole, and introducing rent caps. 

KEY TAKEAWAYS
Cornwall Council is considering implementing a 300% council tax surcharge on second homes, a £3 tourist tax, and closing a business rate relief loophole.
Introducing rent caps, whether on regular housing or Airbnb properties, is not a viable solution and may have negative consequences.
Cornwall heavily relies on tourism, and any measures that deter tourists could have detrimental effects on the local economy.
It is crucial for Cornwall Council to use any additional tax revenue wisely, such as investing in building more homes for residents.
Rent caps have been proven ineffective in other regions, and Cornwall should learn from these examples to avoid similar pitfalls.

BEST MOMENTS

"Cornwall Council looking to introduce a £3 tourist tax. Probably not a bad idea, as long as those funds are channeled into sensible projects, i.e., build more homes."

"Rent caps do not work. Cornwall Council, rent caps do not work. They will not work. Please do not put your constituents through the mess of rent caps."

"If you're rich and wealthy enough to own a second home in Cornwall, then I would imagine increasing the council tax bill by 300% is probably not going to have a detrimental effect on whether you want to sell your home."

"They want a bit more, a fairer share of tax streams. And again, it's okay to ask that from the government, that's fine. If you then are granted that, great, well done, then use it to go and build houses."

"Tourism is one of the most, if not the most important cog in the Cornwall wheel. There we are. Let's see what happens. That's all we can say to that. Just please don't put a rent cap in. It's not going to work."

VALUABLE RESOURCES

https://www.msn.com/en-gb/money/other/cornwall-plots-second-home-crackdown-and-tourist-tax/ar-BB1qH25d?ocid=winp2fptaskbar&cvid=ee677a4891974870eb9a6b46ad657f19&ei=6

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS

Property FAQs = https://amzn.to/3MWfcL4

Buy To Let: How To Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

Rob looks into the housing challenges faced by Cornwall, a popular holiday destination in the United Kingdom, and the council's proposed solutions to the housing issues include a 300% council tax surcharge on second homes, a £3 tourist tax, closing a business rate relief loophole, and introducing rent caps. 
KEY TAKEAWAYS
<ul>
<li>Cornwall Council is considering implementing a 300% council tax surcharge on second homes, a £3 tourist tax, and closing a business rate relief loophole.</li>
<li>Introducing rent caps, whether on regular housing or Airbnb properties, is not a viable solution and may have negative consequences.</li>
<li>Cornwall heavily relies on tourism, and any measures that deter tourists could have detrimental effects on the local economy.</li>
<li>It is crucial for Cornwall Council to use any additional tax revenue wisely, such as investing in building more homes for residents.</li>
<li>Rent caps have been proven ineffective in other regions, and Cornwall should learn from these examples to avoid similar pitfalls.</li>
</ul>
BEST MOMENTS
"Cornwall Council looking to introduce a £3 tourist tax. Probably not a bad idea, as long as those funds are channeled into sensible projects, i.e., build more homes."
"Rent caps do not work. Cornwall Council, rent caps do not work. They will not work. Please do not put your constituents through the mess of rent caps."
"If you're rich and wealthy enough to own a second home in Cornwall, then I would imagine increasing the council tax bill by 300% is probably not going to have a detrimental effect on whether you want to sell your home."
"They want a bit more, a fairer share of tax streams. And again, it's okay to ask that from the government, that's fine. If you then are granted that, great, well done, then use it to go and build houses."
"Tourism is one of the most, if not the most important cog in the Cornwall wheel. There we are. Let's see what happens. That's all we can say to that. Just please don't put a rent cap in. It's not going to work."
VALUABLE RESOURCES
<a href="https://www.msn.com/en-gb/money/other/cornwall-plots-second-home-crackdown-and-tourist-tax/ar-BB1qH25d?ocid=winp2fptaskbar&amp;cvid=ee677a4891974870eb9a6b46ad657f19&amp;ei=6">https://www.msn.com/en-gb/money/other/cornwall-plots-second-home-crackdown-and-tourist-tax/ar-BB1qH25d?ocid=winp2fptaskbar&amp;cvid=ee677a4891974870eb9a6b46ad657f19&amp;ei=6</a>
GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:
<a href="https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&amp;amp;ocid=winp2fptaskbar&amp;amp;ei=5&amp;amp;sc=shoreline">https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration</a>
SOCIAL MEDIA/CONTACT US
<a href="https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&amp;amp;ocid=winp2fptaskbar&amp;amp;ei=5&amp;amp;sc=shoreline">https://linktr.ee/thepropertynomadspodcast</a>
BOOKS 
Property FAQs = <a href="https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&amp;amp;ocid=winp2fptaskbar&amp;amp;ei=5&amp;amp;sc=shoreline">https://amzn.to/3MWfcL4</a>  
Buy To Let: How To Get Started = <a href="https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&amp;amp;ocid=winp2fptaskbar&amp;amp;ei=5&amp;amp;sc=shoreline">https://amzn.to/3genjle</a>  
101 Top Property Tips = <a href="https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&amp;amp;ocid=winp2fptaskbar&amp;amp;ei=5&amp;amp;sc=shoreline">https://amzn.to/2NxuAQL</a>

Property Nomads brings property and all things currency, money and macro straight to you. All with a no-nonsense attitude! 

EVENT MENTIONED ON PODCAST 
https://progressiveproperty.online/live-multiple-streams-of-property-income-interest-london/AMB4692

WHERE TO FIND US = https://linktr.ee/thepropertynomadspodcast

SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP = https://dash.sovereignman.com/a/smc12m995/tpnpodcast

SOVEREIGN MAN 4th PILLAR = https://dash.sovereignman.com/a/4pmain/tpnpodcast

PROPERTY BOOKS  
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL

ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s. 

Property Nomads brings property and all things currency, money and macro straight to you. All with a no-nonsense attitude! 
EVENT MENTIONED ON PODCAST  <a href="https://progressiveproperty.online/live-multiple-streams-of-property-income-interest-london/AMB4692">https://progressiveproperty.online/live-multiple-streams-of-property-income-interest-london/AMB4692</a>
WHERE TO FIND US = <a href="https://linktr.ee/thepropertynomadspodcast" data-saferedirecturl="https://www.google.com/url?q=https://linktr.ee/thepropertynomadspodcast&amp;source=gmail&amp;ust=1686386870688000&amp;usg=AOvVaw24jygsJC7ETEGW7oGeqipv">https://linktr.ee/thepropertynomadspodcast</a> 
SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP = <a href="https://dash.sovereignman.com/a/smc12m995/tpnpodcast" data-saferedirecturl="https://www.google.com/url?q=https://dash.sovereignman.com/a/smc12m995/tpnpodcast&amp;source=gmail&amp;ust=1686386870688000&amp;usg=AOvVaw3Mt16pMm9PsmgmljA6v0DI">https://dash.sovereignman.com/a/smc12m995/tpnpodcast</a> 
SOVEREIGN MAN 4th PILLAR = <a href="https://dash.sovereignman.com/a/4pmain/tpnpodcast" data-saferedirecturl="https://www.google.com/url?q=https://dash.sovereignman.com/a/4pmain/tpnpodcast&amp;source=gmail&amp;ust=1686386870688000&amp;usg=AOvVaw1AJx78Z7tzK5xLVjw2Z0Js">https://dash.sovereignman.com/a/4pmain/tpnpodcast</a> 
PROPERTY BOOKS  Property FAQs = <a href="https://www.youtube.com/redirect?event=video_description&amp;redir_token=QUFFLUhqbko0U3dKT3g3NWVLTXlrcjREVmxOZmdGSHM5UXxBQ3Jtc0tuME9qbUdPYlpjY0p6OFkxaS1TSlJzOXgwbVhFYlZNVUFrd1RzRXZIamJJQmk5QUNIYlVoZ1JnV0pQWjJ1b0ZERWtJTkVWNzZDLWxLNVVMZjJyaVBIUHVmYTBZUzhVMk4tZno0UWVtZW9TS2FUUFFSaw&amp;q=https%3A%2F%2Famzn.to%2F3MWfcL4&amp;v=hUIpY5z9iDM" data-saferedirecturl="https://www.google.com/url?q=https://www.youtube.com/redirect?event%3Dvideo_description%26redir_token%3DQUFFLUhqbko0U3dKT3g3NWVLTXlrcjREVmxOZmdGSHM5UXxBQ3Jtc0tuME9qbUdPYlpjY0p6OFkxaS1TSlJzOXgwbVhFYlZNVUFrd1RzRXZIamJJQmk5QUNIYlVoZ1JnV0pQWjJ1b0ZERWtJTkVWNzZDLWxLNVVMZjJyaVBIUHVmYTBZUzhVMk4tZno0UWVtZW9TS2FUUFFSaw%26q%3Dhttps%253A%252F%252Famzn.to%252F3MWfcL4%26v%3DhUIpY5z9iDM&amp;source=gmail&amp;ust=1686386870688000&amp;usg=AOvVaw3ywG3Sq2jPg9t3NqNbIywE">https://amzn.to/3MWfcL4</a>  Buy To Let: How To Get Started = <a href="https://www.youtube.com/redirect?event=video_description&amp;redir_token=QUFFLUhqa1E2QUx5dmRkUWFTQWsyVmhLbGVrb0FxcUNnUXxBQ3Jtc0tselFnNnk5VGRBcVEzeFlveldhVUdtZmNGdlJqR1V5ejYwQTZSUFJYMFRYdXpKS0NGSWZaT2o5blZ1RXl4bG1XbVdZWTQtU3cyVWlib09ZR0xIMGxzOU85ZjNsQlQ0X0Y4aEFXeWpZMTFPQW1oTXQxUQ&amp;q=https%3A%2F%2Famzn.to%2F3genjle&amp;v=hUIpY5z9iDM" data-saferedirecturl="https://www.google.com/url?q=https://www.youtube.com/redirect?event%3Dvideo_description%26redir_token%3DQUFFLUhqa1E2QUx5dmRkUWFTQWsyVmhLbGVrb0FxcUNnUXxBQ3Jtc0tselFnNnk5VGRBcVEzeFlveldhVUdtZmNGdlJqR1V5ejYwQTZSUFJYMFRYdXpKS0NGSWZaT2o5blZ1RXl4bG1XbVdZWTQtU3cyVWlib09ZR0xIMGxzOU85ZjNsQlQ0X0Y4aEFXeWpZMTFPQW1oTXQxUQ%26q%3Dhttps%253A%252F%252Famzn.to%252F3genjle%26v%3DhUIpY5z9iDM&amp;source=gmail&amp;ust=1686386870688000&amp;usg=AOvVaw3wSr9vgHsK-gwrLCtfirSU">https://amzn.to/3genjle</a>   101 Top Property Tips = <a href="https://www.youtube.com/redirect?event=video_description&amp;redir_token=QUFFLUhqbmVnUXA2cFZwWS1uMktqZGZTNEFPUXRMeFg4QXxBQ3Jtc0trRzFnd1NPWWRjZU5tLVlnZjRNQ0FmX3RjazV2aXE4ZGVQbDJOVW13OEc4TkdrMDJhUHlLcGdETWQxNzRmVWZCUkRtMTZXZEVPY1ktOXhScEZCejNudHFBTTVuQ1poU1Q3bFlBSDdPTEpfTWV3SEFCUQ&amp;q=https%3A%2F%2Famzn.to%2F2NxuAQL&amp;v=hUIpY5z9iDM" data-saferedirecturl="https://www.google.com/url?q=https://www.youtube.com/redirect?event%3Dvideo_description%26redir_token%3DQUFFLUhqbmVnUXA2cFZwWS1uMktqZGZTNEFPUXRMeFg4QXxBQ3Jtc0trRzFnd1NPWWRjZU5tLVlnZjRNQ0FmX3RjazV2aXE4ZGVQbDJOVW13OEc4TkdrMDJhUHlLcGdETWQxNzRmVWZCUkRtMTZXZEVPY1ktOXhScEZCejNudHFBTTVuQ1poU1Q3bFlBSDdPTEpfTWV3SEFCUQ%26q%3Dhttps%253A%252F%252Famzn.to%252F2NxuAQL%26v%3DhUIpY5z9iDM&amp;source=gmail&amp;ust=1686386870688000&amp;usg=AOvVaw08Em7GiLbSgqTl0j-gHsly">https://amzn.to/2NxuAQL</a>  
ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.

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