Is ‘trading up’ your space worth it?

Are you in constant pursuit of a bigger, better home? Do you think that more space will solve your problems or alleviate the stress of storing all your stuff? Are your eyes set on the biggest house you can afford?

If you answered affirmatively to any of the above questions, you may want to take a few minutes to read Daniel McGinn’s article originally published in Newsweek in 2008, “Extreme Downsizing: How moving from a 6,000-square-foot custom home to a 370-square-foot recreational vehicle helped quell one family’s ‘House Lust.’

The family featured in the article was getting ready to buy a home on land and give up their RV after two years on the road. They learned a number of valuable lessons over the two years, but this one stuck out to me:

“Debbie makes it clear that their next home, while smaller, will still be nicely appointed. It’s not as if she’s forsaken the American dream altogether; she has just realized that the endless cycle of ‘trading up’ to nicer homes isn’t very fulfilling. ‘It was this constant “This will be the answer.” Then you’d come up empty at the end,’ she says. ‘It was this searching thing, and I think I’m done with the search.’”

This article has been updated since its original publication in 2008.

Post written by Erin Doland

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