Review found that rising housing prices are linked to improved health for homeowners and higher-income people, and a decline in overall health for renters and low-income people.
A rise in the cost of housing hurts the physical and mental health of societies’ poorest people, while boosting the health of its richest, a systematic review of 23 studies around the world has found.
“Housing is incredibly important for our health and well-being. It’s not just important for gaining capital or as an investment tool,” said Grewal. “It’s a basic living requirement.” “When people experience financial strain, they perceive that as a stressor, their hypothalamic pituitary adrenal access ramps up, and that causes physical wear on the body,” said Card.
Housing prices influence decisions on health A second way rising housing prices negatively impact the poorer population is behavioural, said Card. That three-year study, which included interviews with single mothers on income assistance every six months, found many of the participants faced a number of health challenges. Those included allergies and asthma due to living in damp, mould-filled homes, and a lack of food.
“When you look at a population level, like many of these studies did, you start to see that this is driving up health-care costs from that added stress, that behavioural pressure,” said Card.
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