The term "house poor" suggests that although a person owns a house, he is or she is relatively broke thanks to mortgage payments, property taxes, and associated home ownership costs. If you're house poor, your assets are ideally increasing because you own property, but your monthly liquid assets are tight. Translation: you've got digs you can't afford to furnish. In the new StrikeTV web series House Poor, Mindy Kaling (The Office's Kelly Kapoor) is a prime case of this. In the series, she resorts to outlandish efforts in order to furnish her real-life new home. To see the first episode, where she fakes her own pregnancy and registers for furniture at Crate & Barrel and Z Gallerie for her "baby" shower (warning: some NSFW language), read more.
Have you ever been house poor? Do you know anyone who is? Tell me by commenting below!