Raising shelter for needy guys

Buying a house is a bit like choosing a spouse. If you’ve chosen well, it can be a match made in heaven. But if you’ve gotten carried away on a romantic whim or have been oversold on the benefits of the match, unhappiness can ensue.

The expressions “house poor” and “house broke” refer to the situation where homeowners have bought homes beyond their means. They end up spending all their income on repairs and expenses, forgoing vacations and discretionary spending. Instead of being your sanctuary, your home becomes your albatross.

In this article, we’ll talk about what it means to be house poor and the problems associated with it. After discussing how people come to be house poor, we’ll go over how to avoid it and what to do if you already find yourself in this situation.