2014
DOI: 10.2105/ajph.2013.301566
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The Onset of Depression During the Great Recession: Foreclosure and Older Adult Mental Health

Abstract: Increases in neighborhood-level foreclosure represent an important risk factor for depression in older adults. These results accord with previous studies suggesting that the effects of economic crises are typically first experienced through deficits in emotional well-being.

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Cited by 90 publications
(84 citation statements)
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“…This association was especially pronounced in counties with high proportions of NHB and low-income residents, again suggesting that these groups were disproportionately impacted by the crisis [52]. In individual-level analyses, personally experiencing foreclosure or mortgage distress during the Recession – or living in a neighborhood that experienced large increases in foreclosure rates – also significantly increased risk for psychological distress, even after accounting for other individual- or area-level financial stressors [21–23, 27, 5557]. …”
Section: Resultsmentioning
confidence: 99%
“…This association was especially pronounced in counties with high proportions of NHB and low-income residents, again suggesting that these groups were disproportionately impacted by the crisis [52]. In individual-level analyses, personally experiencing foreclosure or mortgage distress during the Recession – or living in a neighborhood that experienced large increases in foreclosure rates – also significantly increased risk for psychological distress, even after accounting for other individual- or area-level financial stressors [21–23, 27, 5557]. …”
Section: Resultsmentioning
confidence: 99%
“…Several studies on economic downturns and health use general indicators of health such as self-rated health (Burgard, Brand, and House 2007), physical functioning (Gallo et al 2000), hospital visits (Currie and Tekin 2011), and self-reports of illness (Turner 1995). Other studies use markers of mental health, such as depressive symptoms (Brand, Levy, and Gallo 2008; Cagney et al 2014; Houle 2014). Given that the literature deems stress a critical mechanism driving the association between economic downturns and health, more research on the relationship between economic forces and biomarkers of physiological functioning is needed to improve understanding of how recessions and economic shocks “get under the skin” to affect disease and mortality risk.…”
Section: Introductionmentioning
confidence: 99%
“…The number of older adults living in poverty is high, with 8.1% of U.S. adults aged 65 to 74 and 10% of those over 75 living below the official poverty line (6). Older adults living in poverty are 2.6 times more likely to suffer from depression than middle-income older adults and are more likely to be disabled as a consequence (710). The comorbidity of depression and disability in low-income older adults is high (11, 12) and increases the cost of healthcare in the U.S.…”
Section: Introductionmentioning
confidence: 99%