Debt Free in 30 · Doug Hoyes

What It Means To Be House Poor And How To Avoid It

·31 min·2 clips
House prices have risen 500% in 25 years, but wages only 115%, exposing why homeownership is unaffordable.
This episode explores the concept of being house poor, where high housing costs leave little for other expenses. It discusses causes like rising prices and cultural expectations, offers advice on avoiding it through budgeting and realistic planning, and suggests solutions for those already affected.

As heard by us

When housing takes too much of disposable income, everything else gets squeezed.

The episode keeps the meaning of house poor practical: housing takes so much of disposable income that little is left over. Doug Hoyes and Ted keep that idea grounded by naming the usual pressure points - mortgage, utilities, maintenance, and repairs - while also making clear…

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Why you'd press play

When your house payment starts running the rest of the month before you do

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