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Long-time resident Stuart Eves says local banks are refusing to hand over money, meaning residents can’t get mortgages or buy houses. As a result, the local real estate market has collapsed.
“It has destroyed the livelihood of the village,” Stuart said. Wales Online. “We know there will be a problem, but what we don’t know is when.”
In the last four years, the Gwynedd Council and Natural Resources Wales have spent more than NZ $ 11.7 million on a flood risk management plan in the area.
There are currently no plans to allow owners to receive compensation when they relocate, infuriating Fairbourne residents.
While the Gwynedd Council says it has not decided to dismantle Fairbourne, it admitted that Wales Online that the idea “should be considered”.
While there is currently no national funding source to ‘dismantle’ an entire community, the council is seeking assurances from the Welsh government to address issues as soon as possible.
Alan Wilde, a 35-year-old Fairbourne resident, said Wales Online felt that the council had left the community.
Wilde says the council closed the public restrooms, removed the only safe access route to the beach, and removed the community bulletin boards.
“They are killing tourism and we feel abandoned. We are totally in the dark,” Wilde said. Wales Online.
