we went from a 2 bedroom (double) house with an attic, basement, and garage...to a 2 bedroom trailer (mobile home). thats it. lol. no storage. we can put some things underneath the actual trailer, but we are careful because of dampness and animals/amphibians
so its mostly outdoor stuff and a few sealed containers of seasonal clothing that will probably be ruined anyway
it has been great, though..getting rid of stuff.
we have used my inlaws basement for stuff like camping equipment and certain special furniture items we cant fit now, but dont want to part with (large dresser, vintage chairs, etc)
my husband still has most of his tools and work equipment in the garage at the old house (we still own it), but can only use the garage because people live in and use the actual house and attic, etc. but alot of that can be moved whenever we get the money/time to build a small out-building/shed on the lot here.
we gave away so much stuff, had a few garage sales (but mostly just gave the stuff away) freecycled quite a bit....and I still find I am donating at least a bag a week of misc. stuff.
the worst part is that when you live in a small space, you almost OVER organize and utilize the storage you do have, so that if everything isnt in its exact place, the whole house/room looks like a disaster...and its such a pain to get to things. we mostly have to get dressers/shelves/bookcases that are tall as opposed to wide/long, and that uses the space better.
now with another baby coming, we have to clear out half of my dd's clothes to share the one dresser for 'kids' (my dh and I share a wardrobe for our stuff) which is hard....luckily most of her toys are pretty nuetral/age-less....so those can be kept and just shared.
the next worst part is gifts. last x-mas was our first 'gift' holiday here, and telling people to please ease up on gifts was hard. they thought we were being jerks before, but now its a nessessity....there is really NO room.
my dd's b-day is coming, and then this baby a few weeks later, then x-mas a month or so later....I am really worried about gifts and room. we do the 'one in-one out' thing with clothes and shoes and stuff now, but we like all her toys, I worked hard to get her quality wood/natural toys and dont want to have to lose them when they should be just as enjoyed by this next child.
what i also do with misc stuff is lend it out....we have some stuff I am just not using enough at the moment to try and store, so i see if someone I know can use it for awhile, and lend it out. I did that with my serger, and am gunna do it for my learning tower which had to come down for space considerations in the kitchen....