It is the cost of homes and accommodation that has sucked all the demand out of hospitality and the rest of the economy. Whether mortgage or rent, the average consumer has no money left at the end of the month to spend in the service industry. Government could've done something to allay this but they're too in hock to the big developers, landlords and landowners; getting the new residents over here to buy new five bedroom houses; and keeping the property market 'buoyant' (Inflated). If it wasn't for the offshore gaming industry, UK expats/tax dodgers, and wealthy Manx pensioners on huge public sector pensions, there wouldn't be a restaurant or cafe left.