Article today on yahoo - smaller house = more money
The article is actually on what is keeping you from building wealth, but I thought the 9th reason was a good one:
Your house is too big: When you buy a house that is bigger than you can afford or need, you end up spending extra money on longer debt payments, increased taxes, higher upkeep and more things to fill it. Some people will try to argue that the increased value of the house makes it a good investment, but the truth is that unless you are willing to downgrade your living standards, which most people are not, it will never be a liquid asset or money that you can ever use and enjoy.color>
Another reason I like my small house.