Thursday, October 22, 2015

TheStreet: Is the Fed Putting the 'Chapel of Love' Out of Business?

By SIMON CONSTABLE
The chime of wedding bells is becoming rarer and rarer, and it may be the Federal Reserve's fault.
While many young couples choose to get married solely for love, the cost of acquiring a family home can cool their passion, according to a recent study. The effect is a depressing one. 

"A higher housing-cost burden in a county is associated with a lower marriage rate," according to a paper from the Eastern Economic Journal titled " Bricks, Mortar, and Wedding Bells: Does the Cost of Housing Affect the Marriage Rate in the U.S.?" Read more here.
Photo by Jakob Owens on Unsplash

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