The New York Times explores the phenomenon of real estate enabled divorce in
Buy low, divorce high whereby unhappily married couples are cashing in appreciated homes to underwrite a split.
“She felt that she couldn’t walk out on him until she had the money to move away and buy something on her own,” Ms. Kleier said. “The real estate market allowed her to buy her freedom.”
Posted by Jill Fallon at August 13, 2007 8:13 AM | Permalink