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This will be bad for most people, but we're thinking about selling our house in the near future, so it might help us out.
Planning to upgrade / downgrade? Lateral move? Deciding to rent?
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We're looking to downsize, but also buy a newer home. When we bought our current house, we were anticipating having another kid, but that didn't work out.
We also want to ditch the guest room. No need to encourage visitors, who we don't really want to host anyway.
The other part is wanting to move to a more scenic area, that's also cheaper by virtue of being further from a city.
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Sounds like it would be a good trade
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That's what we think. It would be nice for us if mortgage rates drop.
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Maybe the Americans will start making concrete houses! How big is the difference between concrete and wood houses?
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I imagine that on the margins other materials will be used more. It depends on conditions, to some extent. Wood is more flexible, so if you're on tectonically active or shifting land, you really want wood over rigid materials.
The other part, which Trump tweeted about, is that America has plenty of potential lumber. I bet we'll be hearing that whatever restrictions are preventing American lumberjacking are being relaxed/repealed.
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