Study: Foreclosures Tied To Increasing Health Problems

According to a paper by Janet Currie of Princeton University and Erdal Tekin of Georgia State University, published by the National Bureau of Economic Research, there is “a direct correlation between foreclosure rates and the health of residents in Arizona, California, Florida and New Jersey.” The two economists found that “an increase of 100 foreclosures corresponded to a 7.2% rise in emergency room visits and hospitalizations for hypertension, and an 8.1% increase for diabetes, among people aged 20 to 49.”