Second-Home Buyers Are Flocking to Wales. Some Locals Aren’t Happy About It. - News Summed Up

Second-Home Buyers Are Flocking to Wales. Some Locals Aren’t Happy About It.


With 870 miles of coastline and more than 1,500 square miles of national parkland, Wales, a country smaller than New Jersey, punches far above its weight when it comes to second-home ownership thanks to a combination of natural beauty plus affordability. There are 24,200 second homes in Wales, or 1.8% of its total housing stock. according to research by Savills. The Welsh county of Gwynedd, which includes Snowdonia National Park and a stretch of western coastline, has the highest level of holiday homeownership of any county...


Source: Wall Street Journal September 02, 2020 18:11 UTC



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