YP Letters: Tax rise for Dales homes will not work

From: Dr Liz Moulton MBE, Pontefract.
THE proposed council tax rises for owners of second homes (The Yorkshire Post, January 26) are doubtless well-intentioned but are unlikely to encourage or facilitate young families to establish themselves within the Yorkshire Dales.
They are more likely to flood the local housing market with properties, the owners of which are unwilling or unable to afford this additional expense.
The resulting fall in house prices risks devaluing the homes of established residents who may find that they are unable to raise capital via equity release or to sell their... read more

 
30 January 2018 in Yorkshire & Humber, Views: 29
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