'When the demand for Brooklyn real estate is going to double'
“So the Brooklyn baby boom for the white hipster crowd is in full amazing swing. Saturday in Carroll Gardens is Dadurday! So many bearded tattooed dads in cool kicks. And this crowd (ages 26 to 35, essentially) is relentlessly nuclear. These couples live alone with their one-and-a-half kids. So many scooters with matching helmets. And…
The Divorce rate for this demographic is approx 35% – which is over the course of a marriage, so on a year or year basis (everyone doesnt get divorced at the same time) it is a tiny fraction and therefore will have negligible effect on RE (in either direction)
While I am sure everyone here loves the bored, cheating and unfulfilled rich people’s marriage meme; the reality is that the socio-economic group being discussed here (professional/educated affluent white people) have the lowest rate of divorce of any group; so anyone planning their RE strategies on this demographics ‘divorce boom’ is going to be as seriously screwed as those trying to use brownstoneshalfoff’s never ending predictions.
Professional/educated affluent white (and Asian) people may have the lowest divorce rate of any group, but it’s still pretty high. I know a bunch of people with tweens and teens going through nasty divorces right now and all of them are white or Asian.
Men have the luxury of waiting until they are past 40 to have children. Women are taking a huge gamble if they wait so long.
Park Slope must share its water with Brookln Heights. 3 separations alone in my kid’s elem school class since winter break.
Also the divorce rate for upper middle class white men (presumably this would fit people who can afford Carroll Gardens) is significantly below 40%;
“bearded tattooed dads” are not likely to be able to afford 2 full households in neighborhoods like Carroll Gardens.
Let’s see Dittoburg, you moved to the burbs, claim to be happy there, but still spend huge amounts of time posting on Brownstoner. A little insecure in your choices perhaps?
As the product of mediocre public schools in the suburbs and a parent whose kid has gone to excellent public schools in Manhattan and now the fabulous Brooklyn Tech, I disagree!