In census circles, divorce is a significant driver of "household creation," a figure that typically slumps along with the economy: Only 500,000 U.S. households were created annually over the past few years, about half as much as earlier in the decade.
To what extent could New York's no-fault law change reverse that trend?
Does Teplitzky expect to hear from more "couples" who've been putting off divorce for financial reasons, but decide that the ease and reduced cost of no-fault divorce (which includes a provision requiring the more 'monied' party to foot the legal bills) is reason enough to finally throw in the towel and call a broker?
"Unfortunately, the answer is yes," she says.
Other sectors that stand to benefit from a surge in split households? Housecleaning services, home furnishing stores and, of course, moving companies.
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