The Impact of Real Estate Recession on Divorce

Recent studies show that the real estate recession has given couples both emotional and financial reasons to stay together.

According to a recent survey by University of Virginia’s National Marriage Project titled “The Great Recession and Marriage,” almost 40% of couples contemplating a split before the start of the recession have stayed together.

A reason for this is that a leaner budget can show a couple what is really important in life and create a stronger support system. Bradford Wilcox, director of the National Marriage Project, explains, “For some people, the recession led them to become more aware of the ties that bind, how spouses, parents, in-laws and kids stick with you when times are tough.” 29% of surveyed couples stated that these tough financial times “deepened their commitment” to their relationship.

The rest of the delayed divorces, however, were due not to deeper commitments, but simply smaller wallets. Wilcox stated that during a bad economy, “people are less interested in getting a divorce because they’re worried about the value of the home, paying for lawyers and for two households.”

To read more on the impact of the recession on divorce: TIME

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