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Posts Tagged ‘Credit crunch’

Credit Crunch Snapshots 2

Posted in Inner city, tagged , , , , on 3 December, 2008 | Leave a Comment »

The house next door has been sold at auction after it was repossessed. Our neighbour who is on the case with these things found out the price from the auction house. It went for less than half the price that was originally paid.
This is bad news for neighbours who want to rearrange their mortgages after [...]

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Credit Crunch Snapshots 1

Posted in Inner city, tagged , , , , on 2 December, 2008 | Leave a Comment »

After the recent repossessions on our street, we are seeing the recession in action in our neighbourhood:
Yesterday I met my neighbour at the pedestrian crossing. He’s lost his job so he and his wife are going to English lessons. He’s an Asian, who previously worked in Europe as a skilled parts machinist, but has been [...]

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The echoing crunch…

Posted in Inner city, Wolverhampton, tagged , , on 1 July, 2008 | 2 Comments »

The other week we had the bailiffs round. Not calling for us – the Church of England isn’t in such a bad state yet. Sadly asking about our next door neighbour who disappeared at the end of February after telling us he was going on holiday.
The following morning the bailiffs were here again, breaking in [...]

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