#Home foreclosures can have devastating, long-term impacts
“#Home foreclosures can have devastating, long-term impacts” Credit: Pixabay/CC0 Public Domain As the pandemic-ravaged U.S. economy braces for a likely wave of housing foreclosures, a new study shows that losing a home can have painful ramifications that extend far beyond the immediate financial damage. In a new working paper, Stanford economist Rebecca Diamond finds that…