Keep up to date with the latest news delivered direct to your Inbox.
Cornish City Named 'Least Affordable'
2:41pm 3rd April 2012
Truro is named the least affordable city to buy a home in the country.
A house in Cornwall's capital costs an average of £250,000 according to a new report from Lloyds TSB
It says the typical price of a home is nearly ten times the average local salary.
That means the city is outstripping places like Oxford and Cambridge.
Truro Mayor Rob Nolan is worried young people are being priced out of the local housing market:
"My daughter's living in a converted garage. That's the only thing she can afford; it's terrible. The very thing that makes Truro attractive, the fact that if you walk into town, you'll stop and have a chat with someone, you'll lose that if you just have a bunch of people who've moved down here to enjoy the trendy ambience."
Rob is urging the government to take action to tackle the problem: "People are having to stay at home living with their parents for much longer than they used to. It needs to be dealt with at national level, because it's happening across the country. We're particularly suffering from it, we can't give tax breaks down here just in Truro on our own. We need national government to deal with it, and we have to start lobbying them for it."
Share This StoryTweet
Alleged Assault Cordons Off Cornish Park
It happened in Wadebridge and one man has been arrested
Cornish Pirates 'Ready To Perform' Against Ospreys
It will be the first game of the new year for the Cornwall team
PHOTOS: Did A 'Shark Bite' Kill This Dolphin?
Cornwall News: WARNING: You may find these images upsetting
Disabled woman tells court Rolf Harris 'groped' her at hospital
National News: A blind and disabled woman has told a court she felt "completely and utterly trapped" when Rolf Harris allegedly groped her at a London hospital in the 1970s.
Business Cornwall News - Friday, 18th December 2015
Business Cornwall News: Cornwall is spearheading reform of the Uk’s business licensing laws following a a year-long project.
Glastonbury 2017: Country legend Kris Kristofferson to perform
Showbiz News: Kris Kristofferson has been announced as the second confirmed act to play the Pyramid Stage in Glastonbury this year.
Rape suspect admits attacks on 100 schoolgirls in India
World News: A man arrested by Indian police has admitted sexually assaulting more than 100 young girls, preying on them as they left school at the end of the day.
Andy Murray makes winning start at Australian Open
Sports News: World number one Andy Murray kicked off his Australian Open campaign with a hard-fought straight-sets victory against Illya Marchenko on Monday.
Amazon Echo orders doll houses after 'hearing' TV presenter talking
Strange News: A US TV station has been inundated with complaints after viewers' voice-commanded Amazon Echo systems "heard" a presenter's remarks about doll houses - and started ordering them.