The Experience of Home Foreclosure: Coping With Involuntary Loss of Home and Transition of Identity

Depth interviews were conducted with American homeowners facing the probable or actual loss of a home arising from involuntary loan default. These consumers in foreclosure experienced a potent diminishment of self identity as tied to the symbolic and sacred meanings of home and homeownership. In most cases, this was accompanied or followed by attempts to restore the self through a redefinition of the loss as, not loss of home or self, but merely as loss of house. Responses were consistent with positive adaptation as predicted by coping theory.



Citation:

Barbara Gross (2007) ,"The Experience of Home Foreclosure: Coping With Involuntary Loss of Home and Transition of Identity", in E - European Advances in Consumer Research Volume 8, eds. Stefania Borghini, Mary Ann McGrath, and Cele Otnes, Duluth, MN : Association for Consumer Research, Pages: 87-93.

Authors

Barbara Gross, California State University, Northridge, USA



Volume

E - European Advances in Consumer Research Volume 8 | 2007



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