Slow Real Estate Market Has Upside, Divorce Rate Dropping

Divorce-homeWant 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

Related posts:
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  2. Housing Plan Stuck, National Recovery In Hands of Real Estate Market
  3. Zombie Subdivisions – The Living Dead of the Real Estate Market

« « Breaking the Real Estate “Walled Garden” Of Information| Foreclosure Process Ends For Now On Michael Jackson’s Neverland Ranch » »

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  1. [...] sell their house, so they are forced to continue cohabitation indefinitely. Damn. It’s like a catch 22 of misery. If only… Wow, lawyers. Just [...]

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    • Very funny comparison. However you don't need to pay property tax on Barbies 3 Story Dream House. With the unemployment ...
      Pete | 21Mar10 | More
    • My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
      Brandon | 20Mar10 | More
    • I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
      Bill Hernandez | 19Mar10 | More
    • Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
      Marc Brodeur | 19Mar10 | More
    • Great to hear that the big boys are predicting recovery sooner than most think. Thanks for the value!
      Mark Arenella | 19Mar10 | More
    • I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
      Austin Mortgage | 19Mar10 | More
    • an add on to my previous comment--I suppose nationally it's hard to tell, but each city and market is in ...
      Austin Mortgage | 19Mar10 | More
    • Hmm.....interesting. Of course, I would love to see the real estate market bounce back as quickly as possible, but just ...
      Austin Mortgage | 19Mar10 | More
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      homes for sale in chandler az | 19Mar10 | More
    • I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
      Jack | 18Mar10 | More
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