walkitout (walkitout) wrote,
walkitout
walkitout

Housing Crisis and Divorce

Calculated Risk has been talking for a while about how the housing crisis is affecting the mobility of employees in the US, long considered a big benefit of the job market in this country. But the housing crisis also affects people trying to split up. This ground has been covered in a variety of areas, most recently here at the NYT:

http://www.nytimes.com/2008/12/30/us/30divorce.html?_r=1

I am reminded of Mira Kirshenbaum's excellent book, _Too Good to Leave, Too Bad to Stay_. While this article frames it as, oh, so sad that the relationships have to continue after the divorce, another way to look at it is that a booming housing market facilitated divorce. Weird stuff.

ETA: H/T CR again, of course.
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