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More than 250, 000 households currently live in overcrowded social housing while a further 430, 000 households are unable to easily downsize from larger properties they no longer need.
BBC: Social tenants in England to get wider home swap choice
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And aging baby boomers are looking for a more urban lifestyle as they downsize from large homes in the suburbs to more compact town houses in more densely built locations.
CNN: Is America's suburban dream collapsing into a nightmare?
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Buyers are embracing the latest round of compact and subcompact cars with a passion these days, from empty nesters looking to downsize their rides but maintain desired levels of comfort and conveniences to younger motorists looking to minimize their carbon footprints and budget-conscious buyers looking for a lower sticker price and higher fuel economy.
FORBES: The Hottest New Cars For 2013