Divorced but not separated due to rising housing costs in China

17:08, April 12, 2010      

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Facing soaring housing prices, some divorced couples born in the 1980s must continue to live together. This phenomenon has attracted wide attention despite the fact that divorced couples still living together account for less than 10 percent of the total. Lawyers suggest that divorced couples should sign a property settlement agreement as soon as possible in order to avoid new disputes.

Fortune and love-related speculations result in cohabitating divorcees

Youths born in the 1980s are not ashamed to tell other people about their divorce. Mr. Lin and Mrs. Yang were born in the 1980s and both of them are not locals. Their parents spent 1.2 million yuan buying them a two-bedroom apartment in the Haidian District of Beijing after they got married.

Lin and Yang should have lived a happy life as they only needed to bear a light monthly payment. However, a year later, the two decided to divorce due to the differences in their personalities and other disputes. To everyone's surprise, the two still live under one roof after the divorce.

"Needless to say, we considered property settlement at the very beginning. As we save no money each month, our only common property is the apartment. Given the soaring housing prices, random disposal of the property will bring us both losses. At the same time, we need to jointly pay the monthly mortgage," Lin explained.

"After some discussion, we chose an uncontested divorce because the rising housing prices will bring more fortune for us. In addition, we live together in our apartment for the purpose of minimizing living costs," he said.

By People's Daily Online


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