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land poor

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House Poor
Describing an individual with significant income, but with such a large mortgage on his/her house that he/she has little discretionary income. Historically, this term referred to farmers and ranchers, most of whose cash went to debt service on their land, but it has expanded to include anyone who spends so much on his/her mortgage that he/she cannot spend on other goods and services he/she wants or needs. Being house poor is also known as being land poor. See also: Upside down mortgage, McMansion, Foreclosure.

land poor

Having substantial real estate assets but little cash. It historically referred to agricultural land, but it no longer has that restricted definition.



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It proclaims to all who see and partake that land poor gardeners can contribute to the health and nutrition of their families.
He had earlier served as governor in Syria, which led the first century Roman historian Velleius Paterculus to say, ''He came to the rich land poor and left a poor land rich.
BILL DUHAIME Eugene EWEB land poor site for hospital I am opposed to locating Triad's McKenzie-Willamette Medical Center in a prime riverfront location at the Eugene Water & Electric Board site for several reasons.
 
 
 
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