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UK - London - repossessed Victorian house

Possessions and rubbish collects outside a repossessed Victorian terraced house in south London. In the foreground we see a For Sale sign strapped on the brick wall by local estate agents Burnet Ware & Graves in Herne Hill, Lambeth SE24. The front bay window has been sealed up with plyboard to stop squatters gaining entrance and the domestic remnants of evicted owners who have perhaps defaulted on their mortgage is thrown on the path - a scene of domestic poverty. As a result of the 1987 a stock market collapse, the UK economy experienced a downturn resulting in public services suffering a reduction, including the loss of owners' homes. The recession of the early 1990s describes the period of economic downturn affecting much of the world in the late 1980s and early 1990s.

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Filename
repossessed_house-08-11-1991.jpg
Copyright
Richard Baker
Image Size
3380x5120 / 1.5MB
recession foreclosure house home property possessions repossessed repossession for sale sign refuse rubbish garbage mess waste litter path boarded-up sealed-up ownership mortgage economic economy downturn 1991 1990s 90s defaulted default Europe EU UK British Britain English England london
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Richard Baker - All pics
Possessions and rubbish collects outside a repossessed Victorian terraced house in south London. In the foreground we see a For Sale sign strapped on the brick wall by local estate agents Burnet Ware & Graves in Herne Hill, Lambeth SE24. The front bay window has been sealed up with plyboard to stop squatters gaining entrance and the domestic remnants of evicted owners who have perhaps defaulted on their mortgage is thrown on the path - a scene of domestic poverty. As a result of the 1987 a stock market collapse, the UK economy experienced a downturn resulting in public services suffering a reduction, including the loss of owners' homes. The recession of the early 1990s describes the period of economic downturn affecting much of the world in the late 1980s and early 1990s.
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