How do different degrees of displaced people’s hardship shape their expectations of peace and violence in post-conflict societies? We develop a novel explanation and empirically examine it using survey data collected in Bosnia Herzegovina in 2013. The displaced may suffer by being the target of the hostility of opposing groups and/or by receiving little support from, or being mistreated by, their own groups and international actors. As a result, they develop negative opinions about these actors, friend and foe alike, become pessimistic about the possibility of cooperation, and see post-conflict peace as unsustainable. We find those who have suffered greater hardship during displacement are more likely to foresee political violence. Hardship during displacement is also a stronger predictor than the experience of violence. Our analysis implies that, while violence does have an impact as suggested by the literature, other hardship during displacement, such as the lack of support, also matters.