In the 1929-1933 downturn of the Great Depression, house values and homeownership rates fell more, and mortgage foreclosure rates were higher, in cities that had experienced relatively high rates of house construction in the residential real-estate boom of the mid-1920s. Across the 1920s, boom...

In the 1929-1933 downturn of the Great Depression, house values and homeownership rates fell more, and mortgage foreclosure rates were higher, in cities that had experienced relatively high rates of house construction in the residential real-estate boom of the mid-1920s. Across the 1920s, boom...

Machine generated contents note: 1 The Dream Class Is Over: Home Ownership, Consumption, -- and (Re)definitions of Middle-Class Identity 27 -- 2 Shopping Nightmares, Banking Games, Government Packages: -- Local Shopping during Inflation 5I -- 3 The Discrete Sales of the Middle Class: Gender and...

While previous studies have shown that recessions are associated with better health outcomes and behaviors, the focus of these studies has been on the relatively milder recessions of the late 20th century. In this paper, we examine if the previously established counter-cyclical pattern in health...