Idioms

house poor

Also found in: Financial.

house poor

Having the majority of one's income going towards the high costs of one's home, such as mortgage or rent, property tax, utilities, etc., leaving very little money remaining for other expenditures. I love our home, but neither of us can really afford this high rent, and it's making us rather house poor as a result. Of course I'd rather buy than rent, but I don't have the income to support a mortgage. If I bought right now, I'd end up house poor. The taxes are so high around here that it's easy to end up house poor.
See also: house, poor
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References in periodicals archive
"Being house poor' causes lots of fear and anxiety.
The state's policy revolves around two axes, the pre-existing subsidizing of rents, new incentives given to developers to build affordable housing while drawing up plans to have the Cyprus Land Development Corporation build homes to house poor families.
A strapped-for-cashsingle mumwas reduced to tears of joy after a millionaire family she swapped homes with on a festive episode of Rich House Poor House carpeted her entire house.
As my fellow millennial friends living in these two cities can attest "we are house poor." Where do we start when talking about this nebulous concept of being "house poor" or more appropriately, "housing affordability"?
Millionaire JAMES CADDY, 59, above right, becomes friends with warehouse worker ANTHONY WILLIAMS, 30, years after swapping lives for C5's Rich House Poor House.
Strangers help pay poor family's debt FANS of Channel 5's Rich House Poor House were in tears as a family broke the rules - and helped the other pay off debts.
We don't have a labour shortage; we have good-paying jobs in sustainable industries in communities where you can live, play and raise a family without a two-hour commute or living house poor. We don't have a succession issue; we have successful businesses for sale.
You'll need to be honest about how much house you can afford, so you don't end up "house poor." Luckily, whatever you choose, the Servicemembers Civil Relief Act can provide legal protection for active-duty service members.
He was house poor, car poor and stuff poor; his children would have to start from scratch, just as he had.
The measures, which were announced on April 1, aim to boost housing transactions and provide relief for the so-called 'house poor' and 'rent poor'.
Pent-up demand in housing-related spending Those homeowners who are now shifting their attitude from "house poor" to "house rich" are funding a number of home-improvement projects.
" For years, the state has not supplied foodgrains to ashramshalas ( schools that house poor students).
The social integration scheme that the establishment going to introduce in its project is a great housing concept to revive the history of traditional areas in the city that used to house poor, middle and upper class Emiratis in the same area which is good for everyone.
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