Sunday, May 21, 2006

Supporting the rural environment

The Affordable Rural Housing Commission has recently suggested that more tax is raised on second home owners as a way of funding homes for first time buyers in rural areas. First time buyers have been priced out of their village by second home buyers and by rural home owners frustrating the planning process for new build. This shows the selfish aspect of the capitalist system failing the system as a whole. Rural first time buyers are important for filling rural job vacancies which in turn supports the rural economy, which in itself supports and supplies the cities with goods and services. Such a tax on second home owners is way overdue. More information from;
http://www.thisismoney.co.uk/mortgages/article.html?in_article_id=409149&in_page_id=8

4 Comments:

At 2:25 am, Blogger Craig Cantin said...

I could not agree more.

It's an international problem. I used to live part of rural Ontario, Canada. Beautiful countryside. Wonderful towns. But dying a slow death. Little villages just can't hold on, and the larger towns struggle to survive.

It's an important part of a nation's fabric - both culturally and economically. It need to be preserved.

 
At 7:03 am, Blogger Matt Burge said...

Yes, definitely an international problem.

Read a story recently about a software design business in India. The owner has business out-sourced to him from the US. The interesting bit is that he in turn has started to out-source some operations to recently internet connected villages in India. He and the villagers win, as long as he is paying a reasonable wage.

Digital Globe!

 
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