Foreclosure
kkrisberg | February 28, 2014It’s probably no surprise that people who experienced foreclosures during the Great Recession may have also experienced symptoms of depression. However, researchers have found that the mental health effects of foreclosure go beyond the individual to the community at-large.
“For the most part, discussion of foreclosure has focused on the individual experience, the people who are in this circumstance, who are at risk of losing their homes, of losing that nest egg,” said Kathleen Cagney, a professor within the Department of Sociology at the University of Chicago. “But we wanted to think about…
sastyk | August 23, 2010A number of people, including Ilargi and Stoneleigh at _The Automatic Earth_ have long pointed out that the interventions that the government has made in the housing market hasn't served the people. They observe, for example, that by propping up house prices artificially they've benefitted more affluent, generally older homeowners, at the expense of younger, poorer people, renters and those who would like to get into the housing market but can't afford its (still) inflated prices. The problem with this, besides the generational and class screwage is that these strategies don't serve even…
razib | August 6, 2009Calculated Risk points out that you can look up foreclosure status on Google Maps. Pretty weird. Had no idea that a house 2 blocks away was being foreclosed on....