Its a strange one. My family, with a load of our parents mates, holidayed there every year for ages. A ring of caravans in a field above Porthscatho, us kids were pretty much feral for 3 weeks. Padstow, when we went there a few years later as teenagers, was like any other Cornish fishing place.
Had my stag weekend in St Ives. Me and a few mates seriously considered getting a £3000 loan each to buy a 6 bedroom, 5 story, house in the old town for £18000. We didnt bother.
Now, I wouldnt dream of visiting either place for a holiday.
One day the fashion will be your beautiful island for the monied. I just hope they ignore North Somerset, (unless they want to buy our cottage)