Emerging public health crisis linked to mortgage default and foreclosure
Thursday, October 20, 2011 - 16:30
in Health & Medicine
Researchers warn of a looming health crisis in the wake of rising mortgage delinquencies and home foreclosures. The study 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.