Emerging public health crisis linked to mortgage default and foreclosure

Researchers warn of a looming health crisis in the wake of rising mortgage delinquencies and home foreclosures. The study, released today in the American Journal of Public Health, is the first long-term survey of the impact the current housing crisis is having on older Americans. The study focused on adults over 50 and found high rates of depression among those behind in their mortgage payments and a higher likelihood of making unhealthy financial tradeoffs regarding food and needed prescription medications.

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