{"id":28377,"date":"2013-10-27T06:07:00","date_gmt":"2013-10-26T23:07:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-street-in-east-london-tells-a-story-of-the-great-british-divide-those-who-own-property-and-those-who-dont\/"},"modified":"2016-10-03T22:57:00","modified_gmt":"2016-10-03T15:57:00","slug":"this-street-in-east-london-tells-a-story-of-the-great-british-divide-those-who-own-property-and-those-who-dont","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-street-in-east-london-tells-a-story-of-the-great-british-divide-those-who-own-property-and-those-who-dont\/","title":{"rendered":"This street in east London tells a story of the great British divide: those who own property and those who don't"},"content":{"rendered":"


\nSix years ago we wrote about the impact of the housing boom on one street in Hackney, east London. Now, as prices soar, we return to see the effect on those who buy and those who can’tSix years ago, only a few months before Northern Rock collapsed and the world plunged into a financial storm from which it still has not properly recovered, I met Alex Rossiter, a 29-year-old freelance radio producer, in the basement kitchen of his parents’ house in Hackney, east London.His father, Alan, a community arts worker, told me how he had bought the house for \u00a39,300 in 1977 and that now “it’s probably worth \u00a3500,000, if you can believe that”. Actually, I told him, it’s probably more like \u00a3800,000. At which point, he nearly fell off his chair. Continue reading…
\n
\nSource : theguardian.com
\nRead more…This street in east London tells a story of the great British divide: those who own property and those who don’t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Six years ago we wrote about the impact of the housing boom on one street...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-28377","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-7nH","jetpack-related-posts":[{"id":52255,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyers-find-average-house-price-in-hackney-london-is-500000\/","url_meta":{"origin":28377,"position":0},"title":"Buyers find average house price in Hackney, London, is \u00a3500,000","date":"January 30, 2014","format":false,"excerpt":"\r Land Registry shows prices rose 17% over 12 months, achieving biggest year-on-year jump in all England and WalesThe average cost of a home in the east London borough of Hackney broke through half a million pounds for the first time in December, as the area recorded the biggest year-on-year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98395,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/council-housing-how-hackney-has-raised-the-game\/","url_meta":{"origin":28377,"position":1},"title":"Council housing: how Hackney has raised the game","date":"September 23, 2018","format":false,"excerpt":"\r Not everyone will be fans, but by cross-subsidising, talking to residents and valuing good design, the east London borough is investing in some of the best council housing ever builtIn the 1990s, in a special kind of civic carnival, council-owned tower blocks were garlanded with the banners of demolition\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57320,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/affordable-shared-ownership-flat-in-hackney-on-the-market-for-1m\/","url_meta":{"origin":28377,"position":2},"title":"'Affordable' shared ownership flat in Hackney on the market for \u00a31m","date":"August 24, 2015","format":false,"excerpt":"\r Price of home means anyone with a household income of less than \u00a377,000 is unlikely to get a mortgageA shared ownership flat valued at more than \u00a31m has gone on sale in east London, in another sign of London\u2019s growing affordability problem for would-be homebuyers.Shared ownership, offered through housing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/milk-and-honey-an-unusual-conversion-in-east-london\/","url_meta":{"origin":28377,"position":3},"title":"Milk and honey: an unusual conversion in east London","date":"April 13, 2019","format":false,"excerpt":"\r An old dairy in Hackney has been given a new lease of life as a home and thriving venueThe Old Dairy, as it\u2019s known, has seen a variety of inhabitants over the years. These range from cows that used to graze on Hackney Marshes to carpet-makers, squatters, skateboarders and,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171290,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-trapped-developers-unpaid-debt-leaves-london-flat-owners-unable-to-sell\/","url_meta":{"origin":28377,"position":4},"title":"\u2018We\u2019re trapped\u2019: developer\u2019s unpaid debt leaves London flat owners unable to sell","date":"April 2, 2026","format":false,"excerpt":"\r Hackney leaseholders feel council made the problem worse by leaving \u00a3850,000 debt uncollected for eight yearsLeaseholders in east London have said they are \u201ctrapped in unsellable homes\u201d because of an \u00a3850,000 debt owed by the building\u2019s developer to Hackney council, who have let it go unpaid for eight years.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13932,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-judge-a-home-from-the-outside\/","url_meta":{"origin":28377,"position":5},"title":"Don't judge a home from the outside","date":"May 22, 2016","format":false,"excerpt":"\r It may look unimpressive from the street, but this ex-council house is anything but ordinaryEncouragement to \u201csee the potential\u201d in a house can sometimes be a last-resort plea from a desperate estate agent. But when Anita Freeman and Johan Hybschmann were househunting in Hackney, east London, the opportunity for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/28377"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=28377"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/28377\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=28377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=28377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=28377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}