A little garage is more expensive than a house in a county where second property ownership is rampant.
A TINY garage is on the market for £100,000 – more than many homes in the country – and it’s being blamed on second home ownership.
The garage, which is located in St Ives, Cornwall, is only two metres wide and is claimed to be the most costly garage outside of London. The estate agent described it as “the ideal location for exploring St Ives’ coastal town.”
Locals, on the other hand, are enraged by the price and have decried the county’s housing shortage and second-home ownership.
“Communities are being slaughtered on the altars of overtourism and a thirst for second homes,” one man commented on Facebook. It would be great if working folks in those neighborhoods could even rent a home.”
“Greed, greed, and more greed of second home owners,” wrote another social media user.
“Cornwall threatens becoming a failed community very soon as working families are forced out,” said a third.
However, as Cornwall Live writes, parking in the region is scarce, particularly in popular spots like St Ives. During the busy summer months, the town must operate a park-and-ride system.
As a result, Harding Laity, an estate agent, advertises the garage as a “private undercover parking place, just a short walk from local beaches, restaurants, and coastal walks.”
“The Tate, Porthmeor Beach, coastal path, Fore Street, and the harbour are all within a short walk of this wonderfully positioned parking place, which eliminates the problem of limited parking during high seasons and provides cover from the coastal winds in the winter.”
A single tarmacked spot in a small car park overlooking St Ives’ Porthminster Beach sold for £45,000 in June.
Residents decided in a referendum in 2016 to limit new construction to full-time residents only.
Residents, however, once again showed their dissatisfaction with the situation this year, with a rally conducted in August to voice their worries.