Outlook Money
Downsizing means moving to a smaller house or removing the extra clutter from your house to simplify your living like discarding things that you don't need.
Retirees can lead to quieter living as they can relax in the peace and quiet of a small house rather than the haunting silence of a big mansion.
Minimalistic living promotes keeping meaningful things around and discarding useless clutter from your home to simplify life and the look of your home.
A smaller living can be a product of spending less or mindful spending on travel rather than staying in lavish resorts, enjoy small home stays which are more affordable and authentic.
Stress leads to retail therapy, which promotes shopping when you are low. Extra clutter in your life creates this stress; removing it may lead to less shopping and higher affordability for more meaningful experiences.
A big house is bought with a loan that takes decades to pay and eats interest on top of the principal amount; having a small yet affordable house promotes better living and reduces stress.