Friday, June 20, 2008
Problems, Problems, Problems
Amid talk of the credit crunch and negative equity, and with house prices falling faster than they have since the crash of 1992, it is easy to forget that for each repossession statistic there is a family who have lost their home. Last month, Maxine King joined the estimated 53,000 people who, according to the homeless charity Shelter, will lose their homes this year. I met her days before the repossession date at her three-bedroom semi on an estate in Gravesend, the last large town on the south bank of the Thames before it runs into the Channel. She said she knew there was no chance to save it but, tellingly, she hadn't started packing.