I wonder if this will result in a drop in house places in these popular holiday areas? With increasing flexible working, working at home, aren't people considering moving out of the cities into a nicer environment? How will it be if ex holiday lets come on the market at a price the "locals" can't afford and get purchased as the only home of someone from say Manchester?
This is a very fair point. Every second home owner originally bought it from somebody, who bought it from somebody.... and the first person to sell it was quite probably a local.
If you deliberately limit your potential market, of course you are going to effectively lower the value of what you're selling - especially if many of those whom you exclude are going to be the wealthier ones.
If you truly believe in enabling locals to afford houses, you need to be willing to take a massive hit on your selling price. If you don't do that and seek the top market price achievable, you're in no position to complain.
I would have thought that the biggest problem was people who leave their second homes empty most of the year and not those who rent them out to holidaymakers bringing money into the local economy - and likely to spend considerably more as they're on holiday. It seems quite foolish to effectively tell the rich that the local economy doesn't want all of that extra trade and would prefer to see the house left empty for months on end.
Also, what is so magic about hotels? A massive hotel could be torn down and replaced with goodness knows how many affordable homes for locals, if we're serious about it.
I think we have to make the decision as to whether we do want people who live further than a day-trip away to visit beautiful places or not. Tourism is a very valid industry, so I don't understand why so many have a downer on it and see it as a great evil.
It is a privilege to live somewhere beautiful and I'm not convinced that just having grown up somewhere confers the right to live there in perpetuity and for others to be excluded or strictly vetted before they're allowed in. It just makes me think of all the people saying "We can't take any more immigrants in, we're full, they should stay in their own country", who just conveniently happen to have been born in the UK and not in Afghanistan, Bangladesh or Somalia.