Scrapping the Severn Tolls will lead to an influx of Bristolian commuters snapping up cheaper properties in south Wales.
That’s according to the Bristol Post, which has been advising its readers on Wales’ property hotspots.
According to the paper, there will be a “mass exodus” to Wales “where, historically, homes are much cheaper”.
“Couple that with the scrapping of the tolls and there’s even more reason for Bristolians to jump ship,” the paper said.
“But you do get more for your money the further you go into Wales.”
According to the paper, housing developer Lovell Homes is targeting its latest development, Oakfield Grange near Cwmbran, at commuters to Bristol.
“It’s perfectly positioned for the M4, making it easy to get to Bristol and South West England, as well as to towns and cities across South Wales,” the housing developer is quoted as saying.
“On top of that, the location also offers the best of both of both town and country to enjoy. If you need a break from urban life, there’s plenty of green space on your doorstep or you can easily escape into the beautiful South Wales countryside.”
Speaking at the Conservative Conference in Manchester, the UK Government’s Welsh Secretary Alun Cairns said that the scrapping of the Severn Tolls was an “opportunity to bind the south-west and south Wales ever closer together”.
It would create “a new powerhouse” on the “western side of the UK,” he said.