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Real Estate
Reply to "Retirees buying 4,000 sq ft houses?"
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[quote=Anonymous] We could sell our larger house and buy a smaller place, but we would then want to be in a better location (closer to stores, restaurants, transit, etc.) so we would not be saving any money. Plus the selling and buying process costs money (and we would owe taxes on part of the profit since the value has escalated so much). We might even have to pay more as far as the actual price to get the smaller place. Instead we bought a luxury EV so we can travel safely and with less impact. We power it with the solar panels we installed on our larger roof. So our carbon footprint is smaller. And as someone else said, we're not dead yet. [/quote]
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