land poor


Also found in: Idioms.

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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the forced shift from opium poppy to less labour intensive crops such as wheat set in motion a chain of events which reduced the amount of land available for renting or sharecropping, hurting the landless and the land poor who rely on such arrangements.
Effective property rights granted to landless and land poor women and families in India would also encourage them to plant and grow trees on their land.
The land poor households however generate some income through participation in the rural tenancy and labour markets, and are heavily involved in rural non-farm activities, particularly in construction, transport and petty trade.
The group, which started out land poor, spent its early years doing rehabilitation work in poor neighborhoods.
Pressure on land is growing throughout the Continent, a trend which is predicted to continue and which will ultimately lead to an increase in the numbers of land poor and landless, a recipe for conflict.

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