Two interesting theories. Data from Savills suggests that divorce rates are falling in time with house prices. The theory is that squabbling couples are deciding not to divorce at a time when selling and splitting the family home might not net the kind of figure they've been taking for granted. According to Savills, the numbers suggest a clear correlation... Brits will lie back and think of the Halifax House Price Index rather than split and take the hit. Meanwhile, Building Societies Association director-general Adrian Coles is quoted, here, claiming that building society receipts (savings in other words) doubled in July 2008 compared to the same month a year ago. Building societies received £1.4bn, profiting from fears about the stock market and other riskier investments.
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