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IPFS News Link • Housing

Latest “New Normal” Sighting: Divorce Rebound

04-23-2011 • NakedCapitalism.com/

A Financial Times article discusses an unlikely indicator of recovery: divorce rates have risen. One divorce attorney commented, “There is huge pent up demand.” Another lawyer, who was apparently a decent representative, said her business had increased 25% compared to the same period last year. But the post crisis economy has led to some changes in tactics: Divorce has not become any less acrimonious but the fights have changed, lawyers said. “People no longer argue about who’s keeping the house, but about who’s stuck with it,” Mr Willick said.

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Reported By Jack Gregson

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