Wednesday, December 31, 2008

Divorce, Housing & the Economy

I have been hearing buzz that more and more "separating" or divorcing couples have decided to remain living together due to the economic infeasibility of maintaining two households given the current economy. While it is not ideal for unhappy couples to continue to remain under the same household unless they can set their differences aside, especially when there are children involved, ideal and reality seem to have parted ways. However, even couples with children who just cannot continue living together can find creative ways to manage two households. One solution could be to retain the marital residence for the sake of the children and also rent an inexpensive small efficiency or one bedroom apartment. The children could continue to reside in the marital residence, thereby preserving their familiar lifestyle, friends, location, while the parents rotate between the apartment and the house. It is certainly something to consider.

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