By the way, here is a chart of mortgage debt as a percentage of GDP :
Most of these are herb men being forced by their wives to buy a house bigger than they need, just to ‘keep up with the Joneses’. Just to correct back to the level of the 1990s, Mortgage debt has to shrink from 70% to 45% of GDP, which would mean a loss of $3 Trillion. This will take all the way until 2020 or 2025.
We keep seeing article about how ‘divorces are delayed due to the economy’. This means that the woman does not want to divorce when the net worth is negative (since she would get half of the debt, rather than the customary half of a positive net worth).
The good news is that homeowners will be locked into a negative net worth for the next decade or more (which I have been warning about since 2006), making many women stay in marriages they would otherwise have ended. By the time they are back to a positive net worth, a lot of women who live in houses today will be well past their Wile E. Coyote moment. They will have invested their 30s in a situation of their own making that produced no net worth.
So this is an example of the costs of misandry transferring back to women (and rightly so).
No kidding. The Washington Post recently had an article about these problems divorcing couples are facing. There are couples who would be separated on their way to getting a divorce living together while they get their divorce. The house the couple owns can’t be sold to split the assets because the mortgage on the house is more than it is worth. Beyond that there are no assets to split in a lot of these cases. Usually, when we think of divorce, there is some split of joint assets allowing the woman to “cash out” of the marriage. That’s nearly impossible in a lot of cases since if the couple has more debt than assets, there are no assets to divide. Instead of cashing out, the debt is being divided.
Some women will forgo divorce. Others will do it anyway. Either way they are more likely to have the costs of their own misandry transferred back on them.