Limited housing availability is a contentious yet critical issue for the Isles of Scilly, especially as it affects the feasibility of residency on the islands. Few properties are privately owned, with many units being let by the Duchy of Cornwall, the Council, and a few by housing associations. The management of these subsequently affects the possibility of residency on the islands.
Housing demand outstrips supply; a problem compounded by restrictions on further development designed to protect the islands' unique environment and prevent the infrastructural carrying capacity from being exceeded. This has pushed up the prices of the few private properties that become available and, significantly for the majority of the islands' populations, it has also had an impact on the rental sector where rates have likewise drastically increased.
High housing costs pose significant problems for the local population, especially as local incomes (in Cornwall) are only 70% of the national average, whilst house prices are almost £5,000 higher than the national average. This in turn affects the retention of ‘key workers’ and the younger generation, which has a
Embassy Locator | Contact Us | Privacy Policy | Terms of Use | My Bookings
© 2012-2023 Traveltill.com. All rights reserved.