If "house poor" is someone who spends too much on home ownership... (insurance, mortgages)

[Troyfan]

Fools.

[1AngryTaxPayer]

Originally Posted by MDrenter223

I’m rental poor.

I spend right at 50% of take home on rent, and it’s sucks.

So I’m totally moving somewhere cheaper, cause that’s something you can do as a renter.

I haven’t been on in a while, I’m suprized to see freemkt is still in a rough patch, it’ll get better!

Sounds like a bet

[Hemlock140]

Originally Posted by aslowdodge

That has been suggested many times. I just said the same thing on another thread. Where's the beating the dead horse emoji?

I would still call renters paying too much house poor, or apartment poor.

[Jobster]

I call them people on the verge of not being able to pay their rent, which means that landlords will start having to liquidate their holding at the same time; thus, driving the entire housing market into the ground.

Think about one of the main industries currently at risk: Retail

Retail goes under, these goes a large portion of the renter market.

[LieslMet]

House-poor is house-poor, whether you rent or own.

A certain amount of money goes to "housing." Housing is your shelter. Call it housing-poor, if you'd rather.

[lieqiang]

Originally Posted by Jobster

I call them people on the verge of not being able to pay their rent, which means that landlords will start having to liquidate their holding at the same time; thus, driving the entire housing market into the ground.

Have you ever seen anything that didn't spell impending doom and collapse in the near future? Like ever?

[Jobster]

Originally Posted by lieqiang

Have you ever seen anything that didn't spell impending doom and collapse in the near future? Like ever?

You need pessimists to balance out the optimists.

[lieqiang]

I'm going to go ahead and guess that like most end-is-nigh types your definition of "optimist" is anyone who doesn't think every world event and news item is proof of impending collapse.

[MLSFan]

Originally Posted by freemkt

...what is the term for those who spend too much on home rentership?

I would imagine anyone that overspends on anything would be h̶o̶u̶s̶e̶ poor...

[keraT]

Originally Posted by LieslMet

House-poor is house-poor, whether you rent or own.

A certain amount of money goes to "housing." Housing is your shelter. Call it housing-poor, if you'd rather.

I would call it house poor too. In most case people use homeownership as house poor, but renters can be house poor when rent is above their means.