When people decide that it’s time to end their marriage, many of those who face this situation will hesitate to take the next steps because they have financial concerns.  One of the fundamental aspects of the American economy has always been the real estate market, and as everyone understands the real estate market has suffered mightily during the current recession.  For many people, their home represents their largest investment, and when that investment is not performing, people are leery of liquidating it.

As a result of this reality, several different studies have been done that have looked at this phenomenon, and these statistical analyses all tend to indicate that many people are hesitating to move into the process of a divorce because of the concern regarding their homes and other real estate holdings.  Specifically, these studies showed that a 10 percent overall decrease in home prices across the United States will lead to a nearly 20 percent decline in the divorce rate.

Clearly, people are concerned for many reasons to take almost any tangible step in their lives that could affect their net worth.  Many divorces lead to the sale of the family home, and people are not going to want to take this step if their home will be sold at a loss if they are able to sell the home at all.  As a result, people are remaining in marriages that would otherwise be ending because of this and other financial concerns.

San Diego Divorce Lawyers

While every situation is unique, people should generally not remain in a dysfunctional or unhappy marriage because of financial considerations.  There are often strategies that can be employed that will allow people to move forward with a California divorce, but those strategies can only be executed after a thorough review of a couple’s overall situation.