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Is there a Link Between Foreclosure and Health?

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  • Janet Currie
  • Erdal Tekin

Abstract

We investigate the relationship between foreclosures and hospital visits using data on all foreclosures and all hospital and emergency room visits from four states that were among the hardest hit by the foreclosure crisis. We find that living in a neighborhood with a spike in foreclosures is associated with significant increases in urgent unscheduled visits, including increases in visits for preventable conditions. The estimated effects cannot be accounted for by increasing unemployment, declines in housing prices, migration, or by people switching from out-patient providers to hospitals. We conclude that the estimates are consistent with the hypothesis that stress associated with foreclosure harmed people’s health.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 17310.

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Date of creation: Aug 2011
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Handle: RePEc:nbr:nberwo:17310

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