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house poor

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House poor
People who are short on cash because most of their money is tied up in their homes are "house poor."

house poor

Also called land poor; a situation in which all of one's wealth is in the home (or land) and there is very little cash or income to pay for anything other than necessities.



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So many families feel house poor,'' having spent so much on a home that they have little cash left over.
 
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