A Depressed Housing Market: Foreclosures Spark Mental Health Crisis

The Burrill Report submits:

By Kristi Eaton

The high number of foreclosures as a result of the collapse of the housing market has become not only a financial problem, but a mental health one as well. A new University of Pennsylvania School of Medicine study shows that nearly half of the people studied undergoing foreclosure reported symptoms of depression, and 37 percent met the criteria for major depression. Many also reported an inability to afford prescription drugs and skipping meals.

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