A new package of measures to address second homes in Wales is due to be annunced today, Monday July 4.
First Minister Mark Drakeford and the leader of Plaid Cymru Adam Price will will give an update on the action being taken to ensure everyone is able to afford to live in their local community, whether they are buying or renting a home.
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The measures will include changes to planning, taxation and plans for a new licensing scheme for holiday lets.
A Welsh government spokesperson said: "We are committed to taking immediate and radical action using the planning, property and taxation systems to tackle the injustices in the current housing market.
"This includes the negative impact that second homes and unaffordable housing can have, and will soon have a package of proposals to tackle the various problems this presents."
Second homes are a contentious issue in Wales, following long-running rows over the effect they have in coastal areas.
There are 24,873 registered second homes and some people fear they are pricing out people from the area they grew up in, as well as threatening the Welsh-speaking culture.
The number could actually be much higher, depending on the exact definition of a second home, officials said.
This is because this number does not include holiday units, like AirBnbs and holiday lets, which are registered for businesses rates rather than those under second homes.
The Welsh government has said Wales is the only UK nation to give councils discretionary powers to charge a council tax premium on long-term empty properties and second homes.
Those looking to buy second homes or buy-to-let properties have to pay an extra 4% in land transaction tax (LTT) on top of the tax payable for their band.
Meanwhile second home owners argue they feel like they are being "discriminated against" for buying homes in desirable areas.
We wil bring you more on this story later today.
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