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Wednesday, 3rd December 2008

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Bob's new Look Back at Lynn



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Published Date: 15 August 2008
ONE of the different features of local best-selling author Bob Booth's books on old Lynn is his liking for injecting a little "political" comment about how our lives have changed over the years.
His latest offering, Another Look Back at Lynn (1945 to 1970) is no exception and is certain to be top of the charts in local stores.

And again, former college lecturer and record shop owner Bob is making sure the proceeds find their way to local deserving charitable causes.

The new-from-old book combines another great mix of changing scenes, changing lives, streets now disappeared and, for the more local of locals, numerous photographs of people, then young and old, going, about their daily lives.

Bob, himself a former KES student, uses his foreword to highlight the plight of today's home owners and first-time buyers, going back to the days of the late '60s and early '70s when relaxation of rules saw a dramatic growth in borrowing.

He writes: "This was the start of the seduction to win customers when lending would escalate to recent levels – in the early 1970s a slogan to encourage borrowing was 'Take the waiting out of wanting'.

"Banks lent more and more to increase their profits and this led to house price inflation, leading to today when house prices are beyond the first-time buyers," says Bob.

"The banks have only themselves to blame for their present predicament."

To illustrate the changes, Bob points out that in 1945 the approximate cost of a three-bed semi was £550, by 1960 it was £1,800, £4,100 in 1970 and in 2008, £150,000.

For the same period, average annual wages in 1945 was £250, £700 in 1960, £1,500 in 1970 and £22,000 in 2008.

It meant that in 1945 you had to spend 2.2 times your annual salary to buy a house, but today it is 6.81 times.

As well as scores of rare and unusual pictures, the book provides many facts and figures and cuttings showing how the Lynn News has reported local events over the generations.

The full article contains 359 words and appears in Lynn News Friday newspaper.
Page 1 of 2

  • Last Updated: 14 August 2008 3:20 PM
  • Source: Lynn News Friday
  • Location: King's Lynn
 
 
  

 
 

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