Here's a way to think about it.
We have our galaxy, and there's a galaxy say a billion light-years away. We wait a billion years, now the galaxy is 1.01 billion light years away (I make no claim that this number is accurate). What happened? Did the galaxies move away from each other? Not really!
The space between them expanded! And in fact if you look at a galaxy that was 1 billion light years away in the opposite direction it will also be 1.01 billion light years away.
I'd be willing to bet you are correct, but unfortunately i still don't fully understand because even under those circumstances, if we are talking about a 3 dimensional universe it's edges/circumference must still increase in size and overlap with the "nothing" we were talking about earlier. (if the material universe is finite)
under the circumstances you mention the inside space may be the same space just elongated but what about the universe's edges? it's "skin" if i may put it that way, surely that can't remain the same size while the inside expands?
I'd like to point out here i don't enjoy being difficult, especially not with someone like yourself that is obviously more knowledgable on this subject than me and by continuing to question these answers i most probably show myself to be unintelligent so i don't do it in a throw-away fashion, but i must admit failure at trying to understand the concept you set out, as i mentioned previously, it may well be possible i just can't understand it.