By Debbie Franklin, Director of Tax and property tax specialist Wales and Cornwall are similar in that they are both popular with holiday-makers and second home owners. As a result, the lack of affordable housing is causing problems. With this in mind, a new shared learning agreement is intended to help both areas tackle the housing crisis. First Minister Mark Drakeford said: "I look forward to working more closely together, building on our strong relationship, sharing best practice and exploring other areas we can work together on in the future." From April this year, Welsh councils can set council tax premiums at 300% for second homes to help free up housing stock for locals. Councillors in Cornwall hope that they can learn from what is happening in Wales, in order to help address the housing shortage in Cornwall.