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  • Following the economic crisis in Iceland, many Icelanders' homes have remained unfinished. Thus, the birth of suburbs like Ulfarsvatn that resemble a ghost town.
    iceland_recession_NK2_8334.jpg
  • Hardly visited before the economic crisis hit Iceland, today Godi Hirdirinn, a second hand shop in Reykjavik is a very popular shop. It has queues every day before opening.
    cinzia_icelandrecession_03.jpg
  • Following the economic downturn in Iceland many people found jobless from one day to another. Bing is an IT Consultant working for the Landsbanki in Iceland. Although in maternity leave she found herself with no job to go back.
    NK2_4934.jpg
  • Thousands of demonstrators take part in a rally in Reykjavik, capital of Iceland, calling on the government to resign for the national financial crisis, Nov. 2008. Demonstrators in Parliament Square in Reykjavik.
    NK2_5152.jpg
  • Thousands of demonstrators take part in a rally in Reykjavik, capital of Iceland, calling on the government to resign for the national financial crisis, Nov. 2008. The government took control of the three largest banks, whilst the Icelandic economy remain in unprecedented instability.  The population has lost confidence and trust in the government. Many losing their life savings and jobs. The situation remains even more precarious due to the lack of international aid loans and trade shrinking. A banner on the Parliament wall says "Who has stolen the cookies with the dollar sign?"
    NK2_5113.jpeg
  • Icelanders are shopping in second hand shops. Something unheard of before the crisis. Many second hand shops have opened in Reykjavik. Godi Hirdirinn alias The Good Shepherd collects unwanted furnitures and bric a brac and sells it cheaply.
    cd_iceland_timeofchange_6235.jpg
  • Thousands of demonstrators take part in a rally in Reykjavik, capital of Iceland, calling on the government to resign for the national financial crisis, Nov. 2008. The government took control of the three largest banks, whilst the Icelandic economy remain in unprecedented instability.  The population has lost confidence and trust in the government. Many losing their life savings and jobs. The situation remains even more precariuos due to the lack of international aid loans and trade shrinking.
    dambrosi_icelandtimesofchange_6341.jpeg
  • Today, Ulfarvatn, a suburb  of Reykjavik is a ghost area. It was meant to become a fashionable inner city residential heaven with up to 4.000 people to build their homes there. Today they are hardly 200 people living in the area in a surrounding that hardly resemble a town. Most homes in fact are unfinished due to the sudden economic collapse of the country. Services such as medical, schooling, transport are non existent. Magnus and his family are among the very few people that managed to move in Ulfarsvatn.
    dambrosi_icelandtimesofchanges_8446.jpg
  • Today, Ulfarvatn, a suburb  of Reykjavik is a ghost area. It was meant to become a fashionable inner city residential heaven with up to 4.000 people to build their homes there. Today they are hardly 200 people living in the area in a surrounding that hardly resemble a town. Most homes in fact are unfinished due to the sudden economic collapse of the country. Services such as medical, schooling, transport are non existent. Magnus and Drifa are among the very few people that managed to move in Ulfarsvatn.
    cinzia_icelandrecession-2.jpg
  • Demonstrator outside the Icelandic  Parliament.
    Iceland
  • Icelanders demonstrating against the government. Reykjavik, January 2009
    NK2_5127.jpg
  • Many Icelanders have left Iceland to seek work abroad. Orn used to work at sea and he lost his job. He is now working in Oman.
    iceland_7024.jpg
  • Today, Ulfarvatn a suburb area of Reykjavik is a ghost town. This area was supposed to be a inner city heaven within a natural habitat. It has not connection with the rest of Reykjavik as there is no school, public transport, health. It was meant to house 4.000 people.Only 200 people have moved into the area. Most homes are not finished as people suddenly did not have any longer money. Magnus with his family are among the very few people that is living in Ulfarsvatn.
    iceland_8431.jpg
  • Many Icelanders have left Iceland to seek work abroad. Orn used to work at sea and he lost his job. He is now working in Oman.
    NK2_7038.jpg
  • Today, Ulfarvatn a suburb area of Reykjavik is a ghost town. This area was supposed to be a inner city heaven within a natural habitat. It has not connection with the rest of Reykjavik as there is no school, public transport, health. It was meant to house 4.000 people.Only 200 people have moved into the area. Most homes are not finished as people suddenly did not have any longer money. Magnus and Drifa are among the very people that is living in Ulfarsvatn.
    iceland_8427_.jpg
  • "We protest" banner in Babalu Coffee shop in centre town, Reykjavik. The banner epitomise the frustration of the Icelanders towards the government involvement in the banking collapse of the country.
    dambrosi_Iceland-times of change_586...jpg
  • We have been living in this flat for 8 years waiting to be moved into a larger home. At the time, Ralph was one year old and Ollie was just two weeks old...
    DSC_2060.jpg
  • A banner saying "New Iceland Now" in one of the demonstration against the corruption of the government that made the Iceland economy crumble.
    iceland_5148.jpg
  • Swimming in the cold sea is an Icelandic custom that was slowly vanishing,however since the economic crisis this custom has revamped. It is in fact believed  to be a way to destress and to cope with life obstacles.
    cd_iceland_timeofchange_8322.jpg
  • Following the economic crisis in Iceland, many Icelanders' homes have remained unfinished. Thus, the birth of suburbs like Ulfarsvatn that resemble a ghost town.
    iceland_recession_NK2_8337.jpg
  • Following the economic crisis in Iceland, many Icelanders' homes have remained unfinished. Thus, the birth of suburbs like Ulfarsvatn that resemble a ghost town. Signs that offer the houses to let for homes that are not finished yet. The suburb meant to be a very elegant area was meant to house around 4.000 people however only 200 people are living in the area.
    iceland_recession_NK2_8346.jpg
  • Following the economic crisis in Iceland, many Icelanders' homes have remained unfinished. Thus, the birth of suburbs like Ulfarsvatn that resemble a ghost town.
    iceland_recession_NK2_8342.jpg