It's very, very rare that people move to a less expensive area or downsize. The exception is when you're too old to take of your house.
I talked to a friend of mine and pointed out that if they sold their house in the city they could move to the inexpensive part of the country where I live and basically retire and live off investment returns.
I talked to a friend of mine and pointed out that if they sold their house in the city they could move to the inexpensive part of the country where I live and basically retire and live off investment returns.
But it didn't even register as an option.
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