It’s hard to downsize, and it may not always be affordable. In my part of the world, because of a few reasons between markets and mortgages, a 350m2 house is worth 80-90% as much as a 175m2 house. If the house has been in the family for 30 years that makes it worse because the house isn’t “updated”, so it’s possible to halve the living space and end up with a tax bill for your trouble.
It’s hard to downsize, and it may not always be affordable. In my part of the world, because of a few reasons between markets and mortgages, a 350m2 house is worth 80-90% as much as a 175m2 house. If the house has been in the family for 30 years that makes it worse because the house isn’t “updated”, so it’s possible to halve the living space and end up with a tax bill for your trouble.