I live in an 800 sq/ft. condo and while I could afford to go for a bigger unit and take a bigger mortgage, I find the savings give me more flexibility to do what I want, whenever I want in my life. I'm more into experiences than material things, personally I'd rather stay in my current place and have extra money to travel and go to shows and events, etc. than have a bigger place and having to give up some of those things.
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