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Extreme downsizing is the latest trend in house hunting

Extreme downsizing is the latest trend in house hunting

The trend towards living in in a small (as little as 200 square feet), economic and well designed house is huge right now. The old lady who lived in a shoe was apparently ahead of her time. If it were not  for all those kids, she may have enjoyed the benefits of being a tiny house homeowner. Downsizers are buying into the notion that less is less: less maintenance, less stuff, less cleaning, and little to no mortgage to pay, which all adds up to having more time. Of course, there is the down side of down sizing, as a recent  MSN article  about the trend points out. Zoning issues may prohibit your elf crib dreams, for example, and social butterflies are left with mostly outdoor entertaining options. But if you believe that time is the ultimate asset, than you may consider moving to teensy town.

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Matt Kastner

Matt Kastner is an Investment Real Estate Consultant at St. Louis Real Estate Society in St. Louis, Missouri. He is also develops properties on the side through Threshold Properties. When he isn't representing investors in the purchase or sale of multifamily properties, rehabs, foreclosures and other income producing properties, he is often taking on rehab projects himself. He lives in South St. Louis and has been in the real estate business since 2004.

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