Separating couples struggling as falling house prices leave them stuck
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Separating couples are being trapped by falling house prices.
The drop in prices are leaving them stuck – unable to sell or split finances cleanly, and in many cases keeping them living under the same roof.
Property values are down roughly 17% nationwide from the peak, with larger drops in Auckland and Wellington.
Equal Exes Founder and Divorce Coach Bridgette Jackson told Kerre Woodham that in cases where people are fed up with their relationship, they wither make the decision to live amicably in the property, or you take the hit and move on – selling the house or buying out the partner.
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