Example: your dream home is going to be $4000/month on a combined income of $130000. This is fine and dandy but if that HH income changes non-temporarily, it’s too much. Illness, economy, etc.
BUT, you have a rental and the mortgage is hardly $1650. This is a steal almost anywhere nowadays and totally affordable. You can sort temporary arrangements and either cash for keys or wait out a lease and move in.
What’s to say you couldn’t try to keep and then rent your bigger home and move into your cheap rental as a financial emergency backup? Worst case you have to sell it I suppose?
Thanks for any opinions and insight