Pirate FM News

Keep up to date with the latest news delivered direct to your Inbox.

Cornish City Named 'Least Affordable'

news - truro
Delicious Submit this page to reddit

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."

2:41pm 3rd April 2012

Share This Story

Delicious Submit this page to reddit
Suggested articles
st austell brewery award

Cornish Brewery Named As UK Beer Champion

St Austell Brewery scooped the award for 2016

Cornish Pirates - logo

Cornish Pirates Players Named In England U20 Squad

Josh Caulfield and Ollie Dawe have made the Elite Player Squad

Most read
Debbie Holden

Amanda Holden's Sister "Critical" After Cornwall Crash

Papers say Britain's Got Talent star has rushed to the Duchy to be with her

travis perkins

Job Losses At Building Supplies Firm With Branches Across Cornwall

We do not know which Travis Perkins sites will be affected

Top articles

WATCH: Torrential Downpours Hit Cornwall

Cornwall News: Forecasters have issued a yellow weather warning

Pirate FM Cornwall News Update - 7th January 2016

Cornwall Video News: Officials say they’re holding talks to find new jobs for hundreds of workers in Bodmin.

May offer leaders of devolved nations a 'direct line' on Brexit

National News: Theresa May will on Monday offer the leaders of Scotland, Wales and Northern Ireland the chance to formally feed into her Brexit strategy as the Prime Minister looks to engage the increasingly restive Scots and other regional leaders.

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.

Director Tom Ford says 'Trump is proof America has dumbed down'

Showbiz News: The film director and fashion designer Tom Ford has told Sky News that Donald Trump's candidature in the upcoming election is proof America has "dumbed down". 

British banker Rurik Jutting pleads not guilty to Hong Kong murders

World News: A former British banker charged with the gruesome murders of two Indonesian women in Hong Kong has pleaded not guilty to murder.

Chelsea's Conte denies 'humiliating' Mourinho

Sports News: Antonio Conte has denied he tried to humiliate Jose Mourinho by whipping-up the crowd following Chelsea's fourth goal against Manchester United.

Soot-covered man rescued from chimney after losing his keys

Strange News: A man who locked himself out of his house had to be pulled to safety after he became stuck in his chimney trying to get back in.

Newer article

Divers Rescued Off The Lizard

Cornwall News: Three are being treated for the bends at Derriford Hospital

Older article

Schmallenberg Cases Rise in Cornwall

Cornwall News: Farmers call for complusory sheep dipping

Cornwall's Pirate FMPirate 2Pirate Oldies on DAB Digital RadioEscape to Cornwall radioLoveCornwall.com - The Cornish Business DirectoryPirate Education and Training


© Copyright Pirate FM

Pirate FM cannot be held responsible for the content of external links.


We Use Cookies

This website uses cookies to store information on your computer.

By using this website you accept the use of cookies as explained in the terms of our cookie policy.