Divorce brings many challenges, including finding new accommodations under duress. Yet the high cost of housing and an ongoing housing crunch is making that part of the process that much harder for couples going their separate ways, experts say.
The rental side of this problem circles back to the supply and price challenges of the market. Even if two people want to sell a home they shared, that doesn't mean they can afford to each rent a new place in the same area.
But it was what he had to pay to find something suitable for himself and his children — and it has forced him to draw from personal savings to pay for that housing, given his income, Horsburgh said. "That always comes down to what they qualify for on a purchase," said Horsburgh, who advises people to focus on maintaining the credit and mortgage payments associated with any matrimonial property so they can prepare to move on from the marriage in the smoothest possible manner.
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