As anyone could have expected the mortgage 'crisis' is starting to have some social affects as well. The latest one we learn about today is the marriage 'crisis'. And this, as well as every other 'crisis' will immediately require hundreds of billions of worthless $US spent ASAP.
Today's crisis is all about couples fighting because they bought an overpriced piece of shit they can't possible afford.
The home-mortgage crisis in the United States has spawned problems in the mortgage, real-estate and banking industries, and many consumers now face mortgage-payment increases in the coming months that could cause the number of foreclosures to climb even higher. And all of those financial woes, experts say, may be spawning another problem: an increase in divorces.
Everybody all together now.....AWWWWWWW.
Not to sounds a chauvinist pig, but I'll sound like a chauvinist pig. I am convinced 90% of these divorces are caused by the woman. The woman who watches the housing porn on HGTV the way the husband watches ESPN. The same HGTV that tells people (women that is) that they have to buy a house no matter what since renting is so uncool.
And when that house is bought, the house has to be decorated from top to bottom with designer furniture and the entire inventory of Pier One, Bed Bath & Beyond and Bombay Company. And as soon as the decoration is complete, a re-decoration needs to begin since you can't possibly have 2006 furniture in 2007. That is simply obscene. And don't worry if you can afford any of this. Real estate always goes up and you can always borrow and refinance.
Well guess what ladies, the clock has struck midnight. The coach is turning into a pumpkin. But unlike your fairy tales, prince charming isn't coming to save the day. Next time think for a second before acting like a sheep and following every useless trend because some bimbette on HGTV tells you it's a must have for the season.
3 comments:
I'm still not sure of the direction of causality here. Their main point seems to be that housing troubles are causing divorce, yet state that losing a spouse (i.e. through divorce) is one of the top reasons for foreclosure. So which is it?
There's no doubt that messy finances put stress on a marriage, but what makes couples think that going at it alone is a better option?
Lastly, the article states that in the past, people would divorce - banking on the fact that they could live off the proceeds of the sale of their house. However, since "there is no more equity" as the article states, wouldn't that, on the margin, cause people to NOT divorce since there's no money to live off of in the meantime?
On a more humorous note, in the age of 6,000 square foot McMansions, shouldn't you be able to avoid your spouse more easily? Therefore, divorce isn't necessary since you can just live in two of your five bedrooms.
'in the age of 6,000 square foot McMansions, shouldn't you be able to avoid your spouse more easily? Therefore, divorce isn't necessary since you can just live in two of your five bedrooms.'
Good one.
well, the husband and I had a good long laugh at your article. I just finished reading it out loud to him. Quite a wordsmith, you. Chauvinist wordsmith, but at least a self-admitted one!
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