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2014 Conference

April 9–11, 2014

Intercontinental, Milwaukee, WI

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Fall in the Value of Home and Mental Health of Elderly Home Owners: Is There a Connection ?

Thursday, April 10, 2014 at 11:45 AM–12:45 PM Central Time (US & Canada)
FRS
Short Abstract

This poster examines the association between unexpected drop in the value of home and its effect on the mental health of pre-retiree homeowners. We use the 2006-2010 waves of the Health and Retirement Study to explore this association. Preliminary results indicate that between 2006 and 2010 approximately a third of the elderly pre-retirees who reported a drop of 10% or more in the value of their primary residence also reported deterioration in their health status. Additionally about a half of the respondents who reported a drop of 10% or more in the value of their home, also reported worse score on the CESD depression scale. We will be using a panel of the 2006, 2008, and 2010 waves of the Health and Retirement Study dataset to explore this association.

First & Corresponding Author

Swarn Chatterjee, PhD, University of Georgia

Add'l Authors In The Order To Be Printed

Velma Zahirovic-Herbert, UGA
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