Slow Real Estate Market Has Upside, Divorce Rate Dropping
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Want to keep marriages lasting longer? Keep the housing slump going.
According to experts, the housing slowdown is causing the divorce rate to drop as homeowners are unable to sell their homes. Essentially, couples can not afford to be separated.
There is the good and the bad in this situation. Those marriages that just need work may get the time to sort things out. The flip side is the marriages that have gone completely upside down may cause worse tensions to arise in the household.
But either way the long term drop in the divorce rate is one benefit coming out of the housing slowdown.
For many homeowners, a sluggish real estate market just means a delay in making a move. But for a married couple no longer getting along, it is much more than an inconvenience.
Divorce lawyers and therapists report that the shift in real estate is making breaking up harder to do.
“They are trapped. They’re trapped! It’s like putting a cat and a dog in a cage and say, here get along!” said Suzi Mohn, individual, couple and family therapist.
Mohn says that divorce is strongly tied to economics. Today, some couples are forced to live under the same roof because they can’t afford to move until their home is sold. via KING5.com
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