Chances are you’ve read about people trapped in unhappy marriages because they couldn’t sell their home, or couples whose lifestyles took a nosedive when they divorced.

Well, this weekend The New York Times ran an interesting story about real estate facilitating divorce!

For a number of years, Michele Kleier, a realtor on the Upper East Side of Manhattan, had a client who called her regularly to check on the price she could list her 9-room co-op for.

When the market was at its peak, the woman planned to divorce her husband, sell the apartment and live on her share of the profits.

This client went through with her plan, and now lives in a California condo, where she raves about the weather and revels in the distance she put between herself and her ex. “The real estate market allowed her to buy her freedom,” says Kleier.

Brokers and attorneys alike agree that the red-hot New York City real estate market has opened up a world of possibilities for unhappy couples. Up until 2006, it wasn’t that unusual to see home prices rise 20 or 30 percent a year, and though appreciation has slowed down, sales and market value haven’t. The price of the average Manhattan apartment this summer was $1.3 million. And the $3 million apartment is now the $7 million apartment. Half of that is a lot.

Gary Becker, an economist at the University of Chicago, has studied survey data and concludes that any couple who see a drastic rise (or drop) in net worth is at risk of divorce.

Few people are as calculating as the woman who moved to California, but the realization that you’re sitting on (literally) a fortune can be a wake-up call. And if your marriage is unhappy, and your home could give you the financial freedom to do what you want, well then …

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