Tuesday, November 25, 2008

Housing and Healthcare - Part 2

Was there another Hindenburg sighting this morning?
(WSJ): "Health-care costs are creating financial problems that lead to housing problems," says Mark Rukavina, executive director of the Access Project, a Boston-based research and advocacy group on medical debt. A biennial survey last year by the Commonwealth Fund, a nonpartisan research group, found that 41% of about 2,600 working-age adults had fallen behind on medical bills, up from 34% in 2005.
It just makes sense: many people have been using their homes to finance their health care costs.

The question now becomes not if the housing market will affect health care, but by how much?


Addendum 12:30 CST: More in Newsweek.

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