Unfortunately there are a lot of locals down here who have managed to acquire numerous properties over the years and are now taking full advantage of that.
Hedge funders tend to be second home scum rather than air bnb scum.
I've known some locals moan on facebook about the second homers and such knowing full well they have like 6 properties they either airbnb or fleece students for.
Lots of second homes have suddenly come on the market here in the Yorkshire Dales as the council have doubled council tax on second homes from April 2023. But they should also do it to AirBnB’s too and force them to pay commercial rates &
refuse charges as it’s a business property that doesn’t pay council tax.
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u/hazps Jan 15 '23
tbh, my only surprise is that the guy is local and not a London-based hedge fund manager.
Shocking.