Morning Mortgage Meltdown: What About the Kids?!
Friday, May 2, 2008, by Sarah Hromack

badKIDS.jpegThe subprime mortgage crisis is affecting children, too, for your information: 2 million kiddies are expected to feel the burn of foreclosure in the coming year— even more if those evicted from apartments, for instance, are factored in. Recent studies have shown that the foreclosure process really does screw with kids' minds. The "excessive mobility" often experienced by children whose parents foreclose on property often leads to the loss of neighborhood friendships, diminished academic performance, physical and mental health problems, and an increased tendency toward violent behavior. [PR Newswire]


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