Friday, May 23, 2014

Suicide rate linked to foreclosures


An increase in suicides may be tied to an increase in the number of foreclosures, according to a newly released study from leading reserachers. The study, which was conducted by researchers at Purdue, Dartmouth and other universities, shows a correlation between suicide and foreclosures rates between 2005 and 2010. Those who are middle-aged and have the “most to lose” were most likely to have committed suicide as a result of losing their home. Although not able to prove a direct cause and effect relationship, the study raises troubling questions about the effects of the economy on individuals. RT’s Lindsay France discussed these findings with a co-author of the report, Purdue University Professor Michael Light.

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