In this last recession, I lost everything, including my job. I was forced to sell my properties fully furnished, just to close the deal. The heartbreaker was losing the 1700 square foot warehouse loft I’d renovated into a stunning art gallery. Before I laid the carpet, I in-line skated the full seventy-foot length a couple times just for fun. This sale too, would only close if everything on the walls were part of the deal. I lost most of my art collection, and valuable pieces I bought in India, Nepal, and Thailand. I fit my bike, my saddle, and my clothes into a Minivan and moved from the Bay Area to another state, hoping to buy a property with cash.
But one disaster after another cost me more money. When a water main exploded under the floor of my rental unit, the flood destroyed everything I’d just bought at Wallmart. I couldn’t get a loan anymore, so I moved back to California to hunt for income.

This time, I rented an even tinier place, and furnished it with “elegance” from Goodwill. At first, my tiny Sausalito houseboat studio seemed idyllic, until I started unpacking. As I confronted the most challenging space planning of my career, the reality of my losses hit me like a tsunami. The day finally came when I could navigate my studio and actually find something. I found something else too. I could be happy with a whole lot less and live on another boat that was going nowhere.

For more of the article and more pictures see http://tinyhouseblog.com/yourstory/downsized-1700-238-square-feet/