MarketHousing and construction in Wales
Company Profile

Housing and construction in Wales

House prices increased in Wales during the Housing market crisis in the United Kingdom (2008). There has been political debate that this has contributed to a decline in the number of speakers of the Welsh language.

Building
Redrow plc is one of the largest Welsh housebuilders with a network of 14 operational divisions across the UK. JCB has a factory and shop in Wrexham which recently recruited 20 new workers. == Property market ==
Property market
Much of the rural Welsh property market was driven by buyers looking for second homes for use as holiday homes, or for retirement. Many buyers were drawn to Wales from England because of relatively inexpensive house prices in Wales as compared to house prices in England. The rise in home prices outpaced the average earnings income in Wales and meant that many local people could not afford to purchase their first home. Holiday home owners spend less than six months of the year in the local community. Influence of the property market on Welsh language The issue of locals being priced out of the local housing market is common to many rural communities throughout Britain, but in Wales the added dimension of language further complicated the issue, as many new residents did not learn the Welsh language, and in 1996 there had been large protests, backed by Cymdeithas yr Iaith Gymraeg, against the construction of 800 houses at Morfa Bychan near Porthmadog. Political action against second-home ownership Concerned for the Welsh language under these pressures, Glyn said "Once you have more than 50% of anybody living in a community that speaks a foreign language, then you lose your indigenous tongue almost immediately". Plaid Cymru had long advocated controls on second homes, and a 2001 task force headed by Dafydd Wigley recommended land should be allocated for affordable local housing, and called for grants for locals to buy houses, and recommended council tax on holiday homes should double, following similar measures in the Scottish Highlands. According to planners in Snowdonia and Pembroke applicants for new homes must demonstrate a proven local need or the applicant had strong links with the area. ==See also==
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