More money, more divorce?
The housing market in Los Angeles has increased, giving couples more money as the value of their homes increase, and with it, so have divorce rates. According to an article by the Los Angeles Times, this may be because couples in a financial bind can’t afford divorce.
This August, home values have increased over 20% on average since last year in southern California. This means that couples who decide to split can now share the money from a home that is now worth far more than it was before. Since couples have more cash, they may be more able to realistically consider the option of divorce.
If you are considering splitting from your spouse, it may be wise to speak with an experienced family law attorney. Here at the Law Office of Daniel Jensen, P.C., we are prepared to analyze each situation on an individual basis to help you decide on the best course of legal action. Please contact us at (408) 296-4100 to speak with a licensed attorney today.