Reply to Americans locked into lower mortgage rates have been increasingly unwilling to sell their homes.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm never moving out of my starter house at a 2.2% mortgage.  We just get used to making do with less space.  [/quote] +1  I also have a 2.2% mortgage.  We bought 18 years ago, and our mortgage is $1200/mo.  We've raised two kids in our small 1100 sq ft home, and it will be the perfect size for us as empty nesters.  I expect my kids to move out in the next few years, and our mortgage is almost paid off.  We are in DC and have a decent-sized yard.  I'll never sell.[/quote]

You need a bigger home in retirement. My neighbor has a 7,000 sf house and Xmas, Easter, etc often 6-8 cars in driveway and 20-25 people staying over as they host holidays.

Then you got engagement parties, weddings, watching grandkids, pet sitting.

I have a 7 bedroom house. It is crowded sometimes. One kid brought friends home from college, other doing sleep over with friends, third one in her room me and wife home and pets.

When I was young we had a 1,300 sf house with three little kids. I had that till oldest 18. Now I need way bigger.

Don’t you watch hallmark? Grandparents always have the large homes and kids come home for holidays with grandkids [/quote]

Why would you need a bigger house.  I don't want a bigger one as I don't want to clean it.  I have no interest in hosting tons of people.  My grandkids will always be welcome and they can have their parents old bedroom.   We live just fine in 1000 square feet.  House is paid off and its freeing not having a mortgage.[/quote]

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