The condition of having very little cash because nearly all of one's net worth is tied up in one's house.
Related information about house poor:
- House Poor Definition | Investopedia
A situation that describes a person who spends a large proportion of his or her total income on home ownership, including mortgage payments, property taxes, ...
- House Poor But Keeping Up With the Joneses - Forbes
Mar 22, 2012 ... Are you living beyond your means? The reality is almost half of America—127.5 million people—are liquid-asset poor and may not even realize ...
- Don't Become House Poor | Passive Family Income
Jun 16, 2011 ... Becoming house poor is a mistake that many first time homeowners make by purchasing a home they can technically afford, but have no ...
- Don't make yourself house poor
Feb 28, 2002 ... Lenders and real-estate agents often will tell you to stretch yourself when you buy a house. It's bad advice and you should ignore it, financial ...
- Are You House Poor? - Is Your Mortgage Killing You?
If you find that you are financially strapped each month because of your mortgage , you may be house poor. Learn what you can do to fix the situation and ...
- Why So Many People Are House Poor and How You Can Avoid the ...
Aug 7, 2011 ... Wouldn't it be nice if buying a home were as easy as walking into a store and out with a new smartphone? Unfortunately, it's hardly so simple.
- First Person: I'm House Poor, But Lifestyle Rich - Yahoo! Finance
May 21, 2012 ... From Yahoo! Finance: A friend of mine bought an enormous house about two years ago so she could have more space to entertain for the ...
- House poor - Financial Dictionary - The Free Dictionary
People who are short on cash because most of their money is tied up in their homes are "house poor." House Poor. Describing an individual with significant ...