Years ago homes were smaller. Now we live in larger and larger homes. That is a goal of many to move up into a larger and more elaborate home as soon as they can afford to. With a bigger home comes a bigger mortgage, higher heating and cooling bills and more maintenance. Obviously a bigger home can hold more stuff, so more stuff will have to be bought to fill it with. As more people become concerned about the stability of jobs and income, which were once upon a time believed to be more stable than present times, more people are looking at ways of reducing debt and preparing themselves to weather harder times when and if they come.
One way to do that is to live in a smaller home. Smaller homes are more efficient and cost less to heat and cool and maintain and they cost less to buy or build and own. The less money it costs to pay for a home and its related expenses the more money that can be reallocated to reducing and eliminating existing debt. The closer a person or family is to being completely debt free the better they will be able to deal with any hardships the future may bring, such as the loss of a job or the reduction of pay.