‘Living smaller’: Pros and cons of downsizing your home ...Saudi Arabia

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‘Living smaller’: Pros and cons of downsizing your home
It’s not just retirees choosing to downsize — with today’s elevated housing costs, many people are looking to smaller properties for relief. In fact, 44% of U.S. adults who would be willing to make a sacrifice to find more affordable housing say they would consider downsizing their living space, according to Bankrate’s 2024 Home Affordability Report. But living smaller comes with its challenges. Let’s weigh in on why people may want a smaller footprint, as well as the benefits and drawbacks of downsizing your home.

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