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Housing costs are so high that divorced couples are still living together

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Re: Housing costs are so high that divorced couples are still living together

#41
post #33
post #30

Earlier quoted context omitted.

That’s hilarious!

It was obviously not hilarious, but I am trying desperately to respond in a way that seems positive, yet that reflects the humor of the situation without being insensitive. I am failing miserably.

If you've previously survived for one year in the same house I think it'd be possible to see the humor in the situation and just move again one year after.

Re: Housing costs are so high that divorced couples are still living together

#42
post #17

That's all good and well, but people have been living together after divorce for a long time. This article seems to be nothing but anecdotal data. You almost had no choice but to do this before the '60s. Divorce has always been expensive, and people choose to cohabitate for financial reasons. Perhaps people have been cohabitation after divorce at higher rates since the Fed has raised interest rates, or perhaps not. B…

It probably shouldn’t go without stating that many separated women couldn’t establish credit on their own or open bank accounts. Banks weren’t required to lend to women until the 70s. My grandmother had this issue after she divorced.

Women could most certainly establish credit and open bank accounts and own real estate, even as far back as the 1800s. My great grandmother raised three children as a widow in the middle of the Great Depression. Being a widow was quite a bit more common in those days as war killed a lot of young, married men with children. And disease took quite a few others. At any rate, she worked a factory job, and owned her own house. And ran her own checking account.

There were even programs available to women (and men) for obtaining a mortgage, such as the FHA program established in 1934: https://en.wikipedia.org/wiki/FHA_insured_loan (this program is still around)

Re: Housing costs are so high that divorced couples are still living together

#43
post #4

Suppressed household formation is the reason why increasing supply often doesn't look like it's working. There are tens of millions of people who want to move out of their current situation into a smaller household.

~16% of 25-35 year olds life at home with parents. I imagine a much smaller percent prefer that if not for financial reasons.

I dunno, I like my parents. I could think of worse ways to live than with them. But to be honest I guess I'd rather have the reverse of my parents living with me.

20 years of 'this is my house and...' is enough :D

Re: Housing costs are so high that divorced couples are still living together

#44

I think we are also seeing lower divorce rates and suspect a rebound once the economy picks up and as this generation of children ages.

US is indeed seeing lower divorce rates.

I do wonder if it's correlated to the decline in couples having children.

[1] https://www.forbes.com/advisor/legal/divorce/divorce-statist...

Re: Housing costs are so high that divorced couples are still living together

#45

> Housing Costs Are So High They left out the "in the trendy, inner city areas we want to live in" part. Because whilst housing prices are rising in cities we are also seeing major declines in populations for smaller towns. And whilst our parents were willing to sacrifice and embrace these towns which in turn became gentrified it doesn't seem current generations feel the same way.

The work is in the cities

Re: Housing costs are so high that divorced couples are still living together

#47

> Housing Costs Are So High They left out the "in the trendy, inner city areas we want to live in" part. Because whilst housing prices are rising in cities we are also seeing major declines in populations for smaller towns. And whilst our parents were willing to sacrifice and embrace these towns which in turn became gentrified it doesn't seem current generations feel the same way.

That's disingenuous to some extent. Housing is beyond reach for many folks nowadays and jobs don't follow in the smaller towns you mention and you'd put yourself at risk of being surrounded by no one your age. Of course people want to live close to their social circle.

Re: Housing costs are so high that divorced couples are still living together

#48
post #17

That's all good and well, but people have been living together after divorce for a long time. This article seems to be nothing but anecdotal data. You almost had no choice but to do this before the '60s. Divorce has always been expensive, and people choose to cohabitate for financial reasons. Perhaps people have been cohabitation after divorce at higher rates since the Fed has raised interest rates, or perhaps not. B…

Divorce was a totally different animal before no fault divorce became a thing. The idea of an amicable divorce didn't really exist in the public mind. Divorce itself was also scandalous, if you could even get it done.

The rate of cohabitation was probably sky high because most couples who wanted to divorce just stayed married because actual divorce wasn't worth it.

Re: Housing costs are so high that divorced couples are still living together

#49
This is actually a really bizarre concept to me. To me, the reason to divorce someone would be that you are so incompatible that you can't bear to live with them. And this would come after a period of separation where you test out the waters and make sure that divorce is definitely the correct path forward.

If you still get along well enough that you can live together peacefully, you might as well just stay married!

Re: Housing costs are so high that divorced couples are still living together

#50
I sometimes wonder how people managed in the 19th century. Many went from villages to increasingly crowded cities. With no savings, minimal or no education. Industrial production was ramping up, but with crazy demands on workers, long hours, no safety standards. Couldn’t get a mortgage and wait for a nice corporation to build an apartment for you. Couldn’t look for a place in suburbs (how would you commute). Somehow our grand-grand-grand ancestors managed. Seems astounding.

On the other hand, in coming times of global depopulation, what will housing situation look like?

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