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House prices plummet in picturesque Welsh county after 'anti

The coastal favourite county of Gwynedd in North Wales has been popular for holidaymakers and has one of the highest rates of second home ownership in the UK.



House prices in Gwynedd, North Wales, have dropped by 12% annually due to a 400% increase in council taxes on second homes, aimed at preventing locals from being priced out. This policy, seen as "anti-English," has hurt the holiday let market, affecting local jobs in sectors like hospitality and retail. Despite price reductions, properties remain unsold, and holidaymakers report feeling unwelcome, potentially harming tourism.

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