Housing Costs, Mortgage Rates So High That Divorced Couples Are Still Living Together - WSJ
- links to ad -
Wall Street Journal columnist Clare Ansberry writes about rising real estate prices, mortgage rates and rental costs becoming so egregious as to force divorced or separated married couples to continue sharing housing.
"... Mortgage rates are over 7% ... [A]verage home prices have hit record highs. ... [M]ore couples can’t afford to leave their home with its less than 3% mortgage interest rates and set up two different households. Renting isn’t always an option either given that rents have risen more than 9% over the last two years. ... Many [divorced or separated couples] don’t tell colleagues about the [shared housing] set up because it seems unthinkable or they are embarrassed. They try to maintain civility for the kids and hold tight until they can afford to buy, rent and furnish two homes. ..."
Click here for: "Housing Costs Are So High That Divorced Couples Are Still Living Together; High mortgage rates and housing costs pose new problems for couples who are divorcing or separating" - Wall Street Journal/ Clare Ansberry 11.27.23
Key Words: Real Estate, Housing Costs, Mortage Rates, Rentals, Rent, Inflation, Economy, Divorced, Marriage, Separation
[please be sure to consider clicking the support button, to support this web project and related efforts]
Any health-related, legal, scientific, investment- or business-related, or other content provided on these site(s) or domain(s) is for informational purposes only, and/or to invite further reflection, research and analysis, and not for the purpose of providing medical, legal or any other kind of professional advice. All investment activity can carry risk, and these sites and domains assert no opionion or guidance regarding any investor's undertaking of any investment decision. Under no circumstances do these sites or domain(s), establish an attorney-client relationship or any similar or analogous type of relationship, professional or otherwise. Use of these site(s) and domain(s) is only permitted under, and constitutes agreement with, those or similar conditions and limitations, as expressed now, or as might be revised in the future.