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Does Owning a Home Help or Hurt Your Marriage?

Does Owning a Home Help or Hurt Your Marriage?


By Julie Pennell, The Nest

A new study finds a difference in divorce rates between couples who are homeowners vs. renters.
Buying a home with your partner can be one of the happiest days of your life. But does that equal a happy marriage? Obviously many factors can contribute to the rise or fall of your relationship through the years, but one study has found that owning a home with your S.O. can definitely maybe help you stick together.

Researchers found that compared to married renters, married homeowners are 60-69% less likely to get divorced. They wrote, “These findings suggest that assets, such as a home, can play a significant role in the likelihood of both marriage and divorce."

[post_ads]There are a few things you could consider about this. First, the authors point out that “people with higher incomes are less likely to divorce and are more likely to be homeowners than people with lower incomes." So there's that. They also mentioned that owning a home might anchor a couple together, making them reluctant to undertake a major life change like divorce.

Another fascinating thing the researchers found in their study was that compared to single renters, single homeowners were actually 51% to 55% less likely to get married. Perhaps that's because they're already financially stable, the authors note. Of course marriage isn't all about pulling resources together, but there are theories, such as Becker's (1974) economic theory of marriage, “which argued that the decision to marry is fundamentally an economic decision."
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Either way, it's pretty interesting, right? Do you and your partner own a home together? Do you think it helps or hurt your marriage? Tell us in a comment below!

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Love Magazine: Does Owning a Home Help or Hurt Your Marriage?
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