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first_img Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborn in Daily Dose, Featured, Foreclosure, Government, Market Studies, News Previous: Analyzing Mortgage Customer Retention and Delinquency Rates Next: Taxes, Disasters Among Factors Impacting Homebuyer Migration Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / How the Great Recession’s Foreclosures Impacted Voter Turnout How the Great Recession’s Foreclosures Impacted Voter Turnout Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days agocenter_img Share Save Following the Recession, many foreclosure-affected homeowners may have not been able to participate in the 2012 election, according to a study conducted by researchers at UW-Milwaukee and Marquette University. The study found that homeowners who lost their home following the Great Recession or homeowners facing crisis-related foreclosure were less likely to head to the polls.According to the study, voting not only declined by individual homeowners, but entire neighborhoods hit by foreclosure may be affected.“This means that elected officials were not hearing from constituents most directly affected by the foreclosure crisis, effectively quashing a very real issue for most voters,” said Paru Shah, UWM Associate Professor of Political Science.“Rather than being a mobilizing force, the study’s results pointed to this idea that people facing insecurities didn’t have the efficacy to go to the polls,” said Amber Wichowsky, an Associate Professor at Marquette.Additionally, the study found that foreclosures impacted political turnout regardless of race or income level, and was unrelated to affected homeowners’ likelihood of voting in previous elections.A similar study from the University of California Riverside’s Vanesa Estrada-Correa and Martin Johnson, revealed a similar result for the 2008 presidential election: foreclosure rates and foreclosure crisis are associated with reduced political involvement.“There’s been a lot of research on the positive side of the relationship, but not a lot of research on the negative side, on what happens when people are dislocated.” Johnson said.According to the study, neighborhoods with very low foreclosure rates saw about a 0.2% drop in turnout below what was expected, and those with high foreclosure rates saw a decrease of around 1%. The study also notes found that homeowners are not just individually affected: communities with high rates of foreclosure saw overall drops in voter turnout in 2008.“Given the relationship between the foreclosure crisis and political participation, this research suggests the need for further investigation,” the study says. “We are especially interested in the potential that housing foreclosure further exacerbates ethnic and economic inequality due to the preponderance of subprime loans, distressed mortgages, and foreclosures in communities of color and lower socioeconomic status.” Demand Propels Home Prices Upward 2 days ago Tagged with: default Foreclosure Milwaukee Voting Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago default Foreclosure Milwaukee Voting 2019-05-06 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe May 6, 2019 1,645 Views Related Articleslast_img read more

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