Crossword Genius

Despondent after deal when they get smaller apartment, maybe (5,4)

Ross

I believe the answer is:

trade down

I'm a little stuck... Click here to teach me more about this clue!

'they get smaller apartment maybe' is the definition.
I don't know anything about this answer so I cannot judge whether it can be defined by this definition.

'despondent after deal' is the wordplay.
I cannot quite understand how this works, but
'deal' could be 'trade' (synonyms) and 'trade' is found in the answer.
The remaining letters 'down' is a valid word which might be clued in a way I don't see.
This explanation may well be incorrect...

'when' is the link.

Can you help me to learn more?

(Other definitions for trade down that I've seen before include "Buy a smaller house" , "go for something cheaper" , "get a smaller house, say" .)

I've seen this clue in The Irish Times.
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