Mortgage worries
Young adults and the US housing crisis
Bibliographic Data
| ID | 4237430 |
|---|---|
| Authors | R E Dwyer (0000-0002-8256-1500, The Ohio State University, corresponding author), Lisa A Neilson (The Ohio State University), Michael Nau (The Ohio State University), Randy Hodson (The Ohio State University) |
| Year | 2016 |
| Volume | 14 |
| Issue | 3 |
| Pages | mwv018 |
| Publication date | 2016-06-07 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Socio-Economic Review (JOURNAL) |
| Journal identifiers | ISSN: 1475-1461 • E-ISSN: 1475-147X |
| DOI | 10.1093/ser/mwv018 |
| PMID | 30166941 |
| OpenAlex | W2412080517 |
| Language | EN |
| Citations received | 21 |
| References cited | 62 |
The 2008 housing crisis and the changes in lending practices that led up to it shook the status of home loans as secure debt in the United States. The crisis hit during a time when many young adults had recently bought their first home, making it a particularly consequential moment in their homeownership career. We investigate the effects of the housing crisis on the mental health of young homeowners using longitudinal data. We model levels of anxiety among young homeowners carrying mortgage debt before and after the recession as an early indicator of how the crisis affected the experience of home loans. The positive effects of being a mortgaged homeowner before the recession declined significantly after the housing crisis. We discuss whether this shift may portend a longer-term shift in American beliefs in the value of investing in housing, with significant implications for financial well-being and wealth stratification
Art history · Library science · Media studies · Political science · Sociology · State (computer science · Suite · Computer Science · Housing Market and Economics · Housing, Finance, and Neoliberalism · Urban, Neighborhood, and Segregation Studies · History · Law
House Rich, Poor Access
Inequality in high-cost borrowing and unemployment insurance generosity in US states during the Covid-19 pandemic
Trajectories of Unsecured Debt across the Life Course and Mental Health at Midlife
Beyond Immediate Relief
Individual and parental housing tenure and mental healthcare use among Finnish men and women in early mid-adulthood
Ethno-racial stratification in the mortgage market
Ethno-Racial Stratification in the Refinanced Mortgage Market
Ethno-racial and Down Payment Disparities in Mortgage Credit Access
The period effects of crisis and recovery on life course and residential mobility of owner-occupants
Landfall After the Perfect Storm
Endettement et parentalité intensive
Recession, local employment trends and change in self-reported health of individuals
Ethno-racial and relative income disparities in access to mortgage credit
Gender and ethno‐racial disparities in access to mortgage credit
Homeownership regimes and class inequality among young adults
Raising Children, Rising Debt
Differential Access in Mortgage Credit
Ethno-Racial and Credit Worthiness Disparities in Access to Mortgage Credit
Performing housing debt attachments
How Age Shapes Ethno-Racial Disparities in Accessing Mortgage Credit
Housing Status in Post-Soviet Contexts
Working and Growing Up in America
Wealth in America
Foreclosed
Screening for mood and anxiety disorders with the five-item, the three-item, and the two-item Mental Health Inventory
Recession depression
Does Homeownership Affect Child Outcomes?
The Effects of Homeownership
Screening for mental health
The MOS 36-ltem Short-Form Health Survey (SF-36)
The Hidden Welfare State
Coming of Age in America
Is Insecurity Worse for Well-being in Turbulent Times? Mental Health in Context
The Black–White Paradox in Health
Losing a Job
Postoccupied
Debt and Graduation from American Universities
Urban Homeownership and Mental Health
Foreclosures—Yesterday, Today, and Tomorrow
A Case–Control Study of Home Foreclosure, Health Conditions, and Health Care Utilization
Cities Destroyed (Again) For Cash
Housing and Health Inequalities
Home Ownership and Access to Opportunity
The social and private micro-level consequences of homeownership
A Note on the Benefits of Homeownership
The Home Foreclosure Crisis and Rising Suicide Rates, 2005 to 2010
Health Status of People Undergoing Foreclosure in the Philadelphia Region
The Personal Costs of Subprime Lending and the Foreclosure Crisis
Housing instability and health
Mental health recovery and economic recovery after the tsunami
Wealth Disparities Before and After the Great Recession
America's Unique Class Politics
The Cohort as a Concept in the Study of Social Change
Over the limit
Mental health in the foreclosure crisis
Social inequality, population health, and housing
The high price of debt
Economic Hardship across the Life Course
Making sense of financialization
The emergence of a finance culture in American households, 1989-2007
Gender, Household Labor, and Psychological Distress
Age, Debt and Anxiety
The Changing Face of Inequality in Home Mortgage Lending
Disparities in Debt
Debt and Foregone Medical Care
Panel Models in Sociological Research
Construction, Concentration, and (Dis)Continuities in Social Valuations
The Fragile American
Mortgage Debt, Insecure Home Ownership and Health
Moving to Inequality
Youth debt, mastery, and self-esteem
Emotions in economic action and interaction
| Unique citing works | 21 |
|---|---|
| Citations per year | 2,63 |
| Citation span | 2018 - 2026 (9) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 18 |