A family of 5 downsized to a one-bedroom apartment to escape feeling 'house poor.' Saving money hasn't been the only benefit.
Briefly

Emmett and Megan Hawkins, feeling financial pressure and isolation in their five-bedroom home in Charlotte, decided to downsize dramatically to a one-bedroom apartment. The couple experienced a transformative change, with this move relieving them of burdens associated with home ownership while fostering a closer family dynamic. After two years of unsuccessfully searching for a better house amidst high interest rates, they found happiness in their new living situation, inspired by the appealing amenities of apartment life they encountered during a friend’s birthday party.
"By the spring of 2024, the realities of home ownership were weighing on the Hawkins family, and they had been seeking a different home for over two years."
"We were in a development, and we just weren't happy there. We didn't really have that sense of community," Emmett Hawkins said.
"The financial strain of home ownership was also adding stress to their lives, and being 'house poor' became less appealing over time."
Read at Business Insider
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