First-time buyers in Britain will struggle to get on the property ladder even if the coronavirus recession triggers a collapse in house prices, a leading thinktank has warned. Sounding the alarm after Britain’s economy plunged into the deepest recession since records began, the Resolution Foundation said house prices could fall by more than a fifth by summer next year. It said although this might sound as if it should benefit young adults looking to get on the property ladder, first-time buyers would struggle because the Covid recession would also drag down their incomes while banks made it harder to get a mortgage. Read more on the Guardian website.
BMXs, boomboxes and black eyes: growing up on Peckham housing estates in
the 80s – in pictures
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As a teenager, Russell Newell photographed the Peckham estates where he
lived, and his images – unseen for 40 years – document his friends, his
community...
4 hours ago
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