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The onset of depression during the great recession: Foreclosure and older adult mental health

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  • Cagney, K.A.
  • Browning, C.R.
  • Iveniuk, J.
  • English, N.

Abstract

Objectives. We examined neighborhood-level foreclosure rates and their association with onset of depressive symptoms in older adults. Methods. We linked data from the National Social Life, Health, and Aging Project (2005-2006 and 2010-2011 waves), a longitudinal, nationally representative survey, to data on zip code-level foreclosure rates, and predicted the onset of depressive symptoms using logit-linked regression. Results. Multiple stages of the foreclosure process predicted the onset of depressive symptoms, with adjustment for demographic characteristics and changes in household assets, neighborhood poverty, and visible neighborhood disorder. A large increase in the number of notices of default (odds ratio [OR] = 1.75; 95% confidence interval [CI] = 1.14, 2.67) and properties returning to ownership by the bank (OR = 1.62; 95% CI = 1.06, 2.47) were associated with depressive symptoms. A large increase in properties going to auction was suggestive of such an association (OR = 1.45; 95% CI = 0.96, 2.19). Age, fewer years of education, and functional limitations also were predictive. Conclusions. 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.

Suggested Citation

  • Cagney, K.A. & Browning, C.R. & Iveniuk, J. & English, N., 2014. "The onset of depression during the great recession: Foreclosure and older adult mental health," American Journal of Public Health, American Public Health Association, vol. 104(3), pages 498-505.
    • Handle: RePEc:aph:ajpbhl:10.2105/ajph.2013.301566_7
    DOI: 10.2105/AJPH.2013.301566
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    Cited by:

    1. Fabrizio Starace & Francesco Mungai & Elena Sarti & Tindara Addabbo, 2016. "Being hit twice: The psychological consequences of the economic crisis and an earthquake," International Journal of Social Psychiatry, , vol. 62(4), pages 345-349, June.
    2. Cláudia Jardim Santos & Inês Paciência & Ana Isabel Ribeiro, 2022. "Neighbourhood Socioeconomic Processes and Dynamics and Healthy Ageing: A Scoping Review," IJERPH, MDPI, vol. 19(11), pages 1-26, May.
    3. Lucio Esposito, 2014. "Introduction," Economics and Business Letters, Oviedo University Press, vol. 3(3), pages 134-136.
    4. Boen, Courtney & Yang, Y. Claire, 2016. "The physiological impacts of wealth shocks in late life: Evidence from the Great Recession," Social Science & Medicine, Elsevier, vol. 150(C), pages 221-230.
    5. Vásquez-Vera, Hugo & Palència, Laia & Magna, Ingrid & Mena, Carlos & Neira, Jaime & Borrell, Carme, 2017. "The threat of home eviction and its effects on health through the equity lens: A systematic review," Social Science & Medicine, Elsevier, vol. 175(C), pages 199-208.
    6. O'Brien, Daniel T. & Farrell, Chelsea & Welsh, Brandon C., 2019. "Broken (windows) theory: A meta-analysis of the evidence for the pathways from neighborhood disorder to resident health outcomes and behaviors," Social Science & Medicine, Elsevier, vol. 228(C), pages 272-292.
    7. Shamma Adeeb Alam & Bijetri Bose, 2022. "Stepping into adulthood during a recession: Did job losses during the Great Recession impact health of young adults?," Health Economics, John Wiley & Sons, Ltd., vol. 31(8), pages 1730-1751, August.
    8. Shawnita Sealy-Jefferson & Dawn P. Misra, 2019. "Neighborhood Tax Foreclosures, Educational Attainment, and Preterm Birth among Urban African American Women," IJERPH, MDPI, vol. 16(6), pages 1-13, March.
    9. Aretz, Benjamin, 2022. "The short- and long-term effects of the Great Recession on late-life depression in Europe: The role of area deprivation," Social Science & Medicine, Elsevier, vol. 294(C).
    10. Houle, Jason N. & Light, Michael T., 2017. "The harder they fall? Sex and race/ethnic specific suicide rates in the U.S. foreclosure crisis," Social Science & Medicine, Elsevier, vol. 180(C), pages 114-124.
    11. Avdic, Daniel & de New, Sonja C. & Kamhöfer, Daniel A., 2021. "Economic downturns and mental health in Germany," European Economic Review, Elsevier, vol. 140(C).
    12. Alexander C Tsai, 2015. "Home Foreclosure, Health, and Mental Health: A Systematic Review of Individual, Aggregate, and Contextual Associations," PLOS ONE, Public Library of Science, vol. 10(4), pages 1-21, April.
    13. Janelle Downing & Andrew Karter & Hector Rodriguez & William H Dow & Nancy Adler & Dean Schillinger & Margaret Warton & Barbara Laraia, 2016. "No Spillover Effect of the Foreclosure Crisis on Weight Change: The Diabetes Study of Northern California (DISTANCE)," PLOS ONE, Public Library of Science, vol. 11(3), pages 1-11, March.
    14. Bergmans, Rachel S. & Wegryn-Jones, Riley, 2020. "Examining associations of food insecurity with major depression among older adults in the wake of the Great Recession," Social Science & Medicine, Elsevier, vol. 258(C).
    15. Benjamin W. Chrisinger & Sparkle Springfield & Eric A. Whitsel & Aladdin H. Shadyab & Jessica L. Krok-Schoen & Lorena Garcia & Shawnita Sealy-Jefferson & Marcia L. Stefanick, 2022. "The Association of Neighborhood Changes with Health-Related Quality of Life in the Women’s Health Initiative," IJERPH, MDPI, vol. 19(9), pages 1-18, April.
    16. Downing, Janelle, 2016. "The health effects of the foreclosure crisis and unaffordable housing: A systematic review and explanation of evidence," Social Science & Medicine, Elsevier, vol. 162(C), pages 88-96.
    17. Hoke, Morgan K. & Boen, Courtney E., 2021. "The health impacts of eviction: Evidence from the national longitudinal study of adolescent to adult health," Social Science & Medicine, Elsevier, vol. 273(C).
    18. Michael Wallace & Angran Li & Allen Hyde, 2022. "The Great Recession Index: A Place-based Indicator for Countries, States, and Metropolitan Areas," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 160(1), pages 401-426, February.
    19. Charters, Thomas J. & Harper, Sam & Strumpf, Erin C. & Subramanian, S.V. & Arcaya, Mariana & Nandi, Arijit, 2016. "The effect of metropolitan-area mortgage delinquency on health behaviors, access to health services, and self-rated health in the United States, 2003–2010," Social Science & Medicine, Elsevier, vol. 161(C), pages 74-82.

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