Divorce Guide :: Divorce News :: Article :: Couples putting off divorce in the midst of recession
 
Couples putting off divorce in the midst of recession E-mail


Economic woes appear to be doing what a lot marriage counsellors struggle to do: keeping couples together. According the The Arizona Republic, spouses are hesitating to divorce because of the high cost of breaking up.


“Local divorce attorneys said they're hearing of more people who feel they can't afford to leave spouses and move on with their lives. That flies in the face of conventional wisdom, which holds that divorce rates rise with economic stress.”


In Arizona alone, total granted divorces and annulments dropped by 530, or 2.2 percent, last year vs. 2007. In January and February of this year, there were 2,551 granted divorces and annulments in Maricopa County, down 1 percent over the same period in 2008.


Many people are finding it difficult to divorce right now because the housing market is so terrible at the moment. For the average home owner, it makes it harder to figure out what is going to happen to an asset.

Another sign of the times – many extended stay hotels across the US are seeing sharp declines in occupation rates, also in inline with declining divorce rates.
 

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