For anyone that has gone through a breakup, can I just say “Oh My GOSH!” so unbelievably stressful and upsetting- to say the least. Further more for many people, the down economy has not only put more stress on relationship but also put couples in serious financial burdens.
Numerous couples who have decided to brake have just done that with the exception that their finances are twisted up along with everything being so expensive. In the end they are forced to live together still. Broken up! Talk about awkward and upsetting to the MAX! For those couples that own homes together they are trapped in equity and cannot afford to break up.
Within the last five years thousands of first time home buyers bought homes yet the housing market has really taken a turn for the worse. For a lot of couples they have found it to be a big challenge to sell their homes. Not to mention many banks and other finances companies are reluctant or unwilling to let go of mortgages.
For those that have lost value in their homes, due to the economy, they would need to wait to sell their house on an average of eight months. In order for their property to recover its value and sell to get any of their money back. During these eight months they are stuck together in the house while broken up.
There are various possibilities renting (although would need permission from bank or who ever holds the mortgage) or getting a roommate which could also help out.
Overall for most people managing bills, mortgagees, rent and other costs were main reasons for couples to remain together. Really for many people finances are the real ball and chain. There are steps you can and should take when being invested in your significant other along with being invested in a home.
