Separated couples 'grapple with the realities' of housing market
Separating couples in New Zealand are facing financial hardship as falling house prices leave them in negative equity. Many are forced to continue living together post-separation because they cannot afford to sell their homes or establish separate households.
Why it matters
This highlights the intersection of personal relationship crises and macroeconomic housing market volatility.
One couple bought a house on Auckland's North Shore for $2.4 million in early 2022, and have since seen the value drop to $1.7 million.
The article reports on the economic challenges faced by individuals using anecdotal evidence and expert commentary without taking a political stance.
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