It’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…
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