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As the big players downsize, maybe there’s an opportunity to learn from their mistakes and begin scaling our businesses the smart way.
Besides market-rate single-family homes, the master-planned community will include for-sale courtyard cottages, townhomes and duplexes better priced to meet the needs of first-time buyers, growing families and older adults looking to downsize.
Source: https://www.denverpost.com/2023/10/01/uplands-finally-breaks-ground-contested-farmland-westminster/
Existing home sales are way down because of mortgage rates, and the major home builders are moving to downsize their offerings in order to have product at lower prices since housing affordability is at lows not seen since the 1980s.
“I do not believe it is enough … it’s not just that there are not enough staff to open and expand licensed programs so that more families have access, but existing programs are having to downsize and close.”
"If we can incentivise people to downsize it frees up existing properties without then needing to concrete over other bits of land.
If you get more business in Cannes then you don’t downsize and cut your manpower.”
“Immediate action will be needed to assist elderly homeowners who may have been intending to sell their current primary residence, in an effort to downsize and fund their retirement,” Galvin said in early December.
Source: https://www.bostonherald.com/2023/01/01/new-year-brings-new-tax/
In a victim impact statement, Ms Carr said she had to downsize her business to the conservatory and had lost visiting customers as a result, with an estimated loss of earnings of £3,000.
It was time to downsize, and for that reason, we ended up selling Valley and the land.
LOOK inside this lovely two bedroomed starter or downsize home in Laffak on the market for £155,000.
Source: https://www.sthelensstar.co.uk/news/23594781.home-ideal-starter-downsize-market-laffak/?ref=rss
Many retirees downsize to an apartment or condo, freeing themselves from upkeep for a home and yard.
Source: https://tbrnewsmedia.com/prime-times-how-to-find-your-best-retirement-lifestyle/
Now, experts said, alongside families are couples who don’t have children, young professionals who want to walk to stores and entertainment, multigenerational households and retirees looking to downsize.
Source: https://www.pressenterprise.com/2023/02/20/in-25-years-housing-will-look-different-in-inland-empire/
Oz Drewniak, president of Ottawa-based developer CLV Group, says the buildings that are sitting empty lately in the nation’s capital are often left behind by the federal government as the public service looks to downsize its expansive office footprint.
Source: https://globalnews.ca/news/9691540/canada-office-vacancies-apartment-conversions/
Planning to radically downsize, she rented an 822-square-foot one-bedroom in the same building for $5,700 a month, with the notion of moving in at the beginning of December.
Source: https://www.nytimes.com/2023/09/08/realestate/downsizing-boston-ashton-carter-widow.html
Rishi Sunak has been warned of a "mortgage catastrophe" facing Brits as he was told the story of a police officer who could be forced to sell his home and downsize.
Source: https://www.mirror.co.uk/news/politics/rishi-sunak-confronted-over-policeman-30287171
Some people downsize, move to lower-cost areas, or want to spend more in retirement than they did while working.
Source: https://www.fedsmith.com/2023/07/19/can-you-retire-with-only-400k-in-your-tsp-account/
The average house price here is just £103,104, making it an ideal option for first-time buyers or those looking to downsize.
This may be particularly acute in Sidney where seniors are such a large portion of the population and many are selling single-family homes to downsize into comparatively less expensive condominiums.
Tiny-house vacations inspired this woman to downsize for goodcnn.
We all need to be cognizant of the emergence of incubators and distributors of anti-Indian forces orchestrating pernicious narratives to downsize our growth trajectory and taint our functional democracy and constitutional institutions,” he said.