Kate Cagney - University of Chicago

Foreclosure Rates, Neighborhood Disorder, and Health

    Date:  09/20/2012 (Thu)

    Time:  3:30pm- 5:00pm

    Location:  Seminar will be held on-site: Social Sciences 111

    Organizer:  Brian Vicini

Meeting Schedule: Login or email the organizer to schedule a meeting.

    All meetings will be held in the same location as the seminar unless otherwise noted.

    8:30am - Breakfast: Jenny Tung (Washington Duke)

    9:30am - Jake Vigdor (RH 176)

   10:00am - Elizabeth Frankenberg (RH 178)

   10:30am - Giovanna Merli (RH 114)

   11:00am - Walk from Public Policy to Social Sciences Building

   11:20am - Dan Belsky (232 Soc-Sci)

   12:00pm - Lunch: Joe Hotz (Meet at Faculty Commons)

    1:00pm - Liz Ananat (232 Soc-Sci)

    1:30pm - Asia Maselko (232 Soc-Sci)

    2:00pm - DuPRI students - Nick Ingwersen, Melanie Sereny, Ryan Brown (232 Soc-Sci)

    2:30pm - Amar Hamoudi (232 Soc-Sci)

    3:00pm - Matt Bradshaw (232 Soc-Sci)

    3:30pm - Seminar Presentation (3:30pm to 5:00pm)

    6:00pm - Dinner: Seth Sanders, Amar Hamoudi, Linda George (Pop's Trattoria)

    Additional Comments:  ABSTRACT: Little is known about the health effects of the economic downturn, with foreclosure one of its most visible signs. Research in economics suggests that the impact of an economic downturn is first felt through emotional well-being. Hence we explore onset of depression over the interval of the economic downturn with a unique data source, the National Social Life Health and Aging Project (NSHAP). Fortuitously NSHAP wave 1 was collected in 2005-2006 and wave 2 in 2010-2011, bounding the economic downturn and foreclosure crisis. We link these data with national foreclosure data to examine the effect of neighborhood foreclosure rates on depression onset. We observe a dramatic uptick in reports of depressive symptoms among older adults who were exposed to communities most severely impacted by the foreclosure crisis. Older residents in neighborhoods with high rates of foreclosure may need additional supports to maintain community residence and withstand the effects of the economic downturn.