I agree that if you can afford not to sell then keep your home. You'll not only lose money through selling in real estate fees, but setting up a new loan in a few years time will also cost you many thousands of dollars in fees and stamp duty etc. if you average all these costs out per week over the next few years you might find you're actually 'saving' money by keeping your house. As others have said though, if its a case of having food on the table or not, I'd sell in a heartbeat. I do understand your feelings though. We've tossed up the idea of buying a cheaper house but quickly decided against it.