The adverse effects of foreclosure on mental health in the United States after the Great Recession: a literature review

2019 ◽  
Vol 35 (1) ◽  
pp. 335-352
Author(s):  
Abdulaziz Alhenaidi ◽  
Tim Huijts
2019 ◽  
Vol 7 (5) ◽  
pp. 900-913 ◽  
Author(s):  
Miriam K. Forbes ◽  
Robert F. Krueger

The full scope of the impact of the Great Recession on individuals’ mental health has not been quantified to date. In this study we aimed to determine whether financial, job-related, and housing impacts experienced by individuals during the recession predicted changes in the occurrence of symptoms of depression, generalized anxiety, panic attacks, and problematic alcohol use or other substance use. Longitudinal survey data ( n = 2,530 to n = 3,293) from the national Midlife in the United States study that were collected before (2003–2004) and after (2012–2013) the Great Recession were analyzed. The population-level trend was toward improvements in mental health over time. However, for individuals, each recession impact experienced was associated with long-lasting and transdiagnostic declines in mental health. These relationships were stronger for some sociodemographic groups, which suggests the need for additional support for people who suffer marked losses during recessions and for those without a strong safety net.


Author(s):  
Murat Tasci ◽  
Caitlin Treanor

Though labor market statistics are often reported and discussed at the national level, conditions can vary quite a bit across individual states. We explore differences in these labor market conditions across US states before and after the Great Recession using a ratio of the number of unemployed workers to job vacancies. We show that the intensity of the adverse effects of the recession and the strength of the recovery varied geographically at all points in the process. We also demonstrate that wage growth is delayed until the ratio of unemployed workers to job vacancies returns to prerecession levels.


2020 ◽  
Vol 37 (7) ◽  
pp. 2118-2135
Author(s):  
Esra Ascigil ◽  
Emre Selcuk ◽  
Gul Gunaydin ◽  
Anthony D. Ong

It is well established that negative financial events during macroeconomic crises have a significant impact on individuals’ mental health. Much less is known about how and for whom economic crises impact mental health. Using data from the Midlife in the United States study, we examine the mental health impact of the Great Recession in the U.S. Drawing on predictions from the Vulnerability-Stress-Adaptation Model of Marriage and the Family Stress Model, we examined whether increases in marital disagreements mediated the link between recession adversities (e.g., unemployment, increased debt, loss of a home) and mental health following the recession (2013–2014), controlling for prerecession marital disagreements and mental health (2004–2006). We found that those who experienced a greater number of recession adversities showed increased marital disagreements following the Great Recession, which were in turn associated with poorer mental health (negative affect and affective disorder). These associations held after controlling for prerecession levels of gender, age, race, and education. Furthermore, those who had lower income before the recession experienced greater increases in negative affect following the recession. These findings highlight the importance of marital processes in how the Great Recession is linked to mental health.


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