Peter Wills
@cornews.bsky.social
36 followers
57 following
180 posts
Commentator on Cornish economy, environment and housing.
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Peter Wills
@cornews.bsky.social
· Sep 15
Disposable household income - Cornwall
Gross disposable household income (GDHI) is the amount of money that all of the individuals in the household sector have available for spending or saving after they have paid direct and indirect taxes...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Sep 12
Disposable household income - Cornwall
Gross disposable household income (GDHI) is the amount of money that all of the individuals in the household sector have available for spending or saving after they have paid direct and indirect taxes...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Sep 8
Putting the cart before the horse or why taxing wealth is problematical!
There is ongoing speculation about whether the government will consider introducing some form of wealth tax. Several lobby groups have also proposed a wealth tax, as has Zack Polanski the recently el...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Sep 5
Wadebridge - an urgent need for new housing?
According to a news report on 2nd September, “One of Cornwall’s leading developers has submitted its plans to deliver hundreds of much-needed homes for the county.” [Cornish Times]. This application i...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Sep 3
The governments housing targets – putting the pressure on councils!
In July 2024 the government introduced new housing targets. Overall the objective is for a total of 1.5 million over a four-year period or 375,000 per annum. The rationale was that there is a housing...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Aug 29
Getting Newquay building again and again and again!
The government constantly reiterates the phrase ‘Getting Britain building again’ as if prior to 2024 house building stagnated. Looking at the evidence reveals that house building has been continuing ...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Aug 27
Newquay - A retreat for the affluent?
Newquay is a town of contrasts. Along the coastline can be found various high value properties, close to the shore and enjoying excellent views of the sea. Over the years developments have resulted i...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Aug 21
The problem of wealth – to tax or not to tax
With government finances in dire straits according to some economists and commentators (though they appear unaware of how government finances actually work!), discussion has turned to the issue of wea...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Aug 15
Land banking – a large red herring!
An alleged cause of the housing crisis is a lack of supply which is sometimes blamed on developers ‘land banking’. Is there anything in this assertion? SummaryIt is claimed that developers are hangin...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Aug 14
Cornwall – holiday rentals and Airbnbs
Cornwall is a major holiday destination, which has resulted in a significant number of properties being used for second homes or holiday, lets. This impacts on house values and access to the housing ...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Aug 11
The rise of the Yimbys – passionate but misguided!
One phenomenon, which has arisen in relation to housing policy, is the rise in the YIMBY movement – Yes In My Back Yard. Although their objective - “everyone deserves a high quality, safe and afford...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Aug 9
Work, income and tax – comparing the pensioner population to those of working age
How do different age groups vary in terms of income, tax paid and work?Income and taxUsing HMRC data it is possible to estimate the amounts of income and tax by age group. The figures suggest that th...
www.cornwallecon.com
Peter Wills
@cornews.bsky.social
· Aug 7
Dwellings in Cornwall by tenure – comparative data
Analysing data on housing tenure is problematical for a number of reasons. As is often the case there are issues about the data.An important source is the census but other sources such as the Annual e...
www.cornwallecon.com
