What does “Landed Poor” mean, anyway?

[svelte]

Here are excerpts from a 1983 article from Spokane, WA entitled “The Landed Poor: A New Class Emerges”

“‘It used to be we were seeing mainly people who were working, but had mismanaged their finances,’ says Breen. ‘Now it’s more a case of people simply not having enough money to pay. A lot of them are fairly average, middle-class people whose financial situation has taken a turn for the worse.’

For example, Yvonne Kinney and Charles Vejvoda have only $649 left to pay on their $40,000 home but are six months behind in payments.

They have bills, mostly medical, totaling nearly $15,000. They are both unemployed and living on food stamps with their three children and Kinney’s mother.

Technically, they could sell their home, pay their bills and have money left. But then they’d have to rent at five to 10 times their current monthly payment of $69.”

http://tinyurl.com/ydp35o8

The more that things change, the more they stay the same, eh?

[scaredyclassic]

it feels like there is no way to beat, anticipate, game or maybe get a leg up on the System. Landed Poor.

[scaredyclassic]

it feels like there is no way to beat, anticipate, game or maybe get a leg up on the System. Landed Poor.

[scaredyclassic]

it feels like there is no way to beat, anticipate, game or maybe get a leg up on the System. Landed Poor.

[scaredyclassic]

it feels like there is no way to beat, anticipate, game or maybe get a leg up on the System. Landed Poor.

[scaredyclassic]

it feels like there is no way to beat, anticipate, game or maybe get a leg up on the System. Landed Poor.

[masayako]

With the money we responsibly saved, we should be pretty well off (“Landed”), but not. Because of the San Diego housing bubble, we still can’t afford the house we deserve to live in, in a way, we are considered “Poor”. Hence, we are the “Landed Poor”.

[masayako]

With the money we responsibly saved, we should be pretty well off (“Landed”), but not. Because of the San Diego housing bubble, we still can’t afford the house we deserve to live in, in a way, we are considered “Poor”. Hence, we are the “Landed Poor”.

[masayako]

With the money we responsibly saved, we should be pretty well off (“Landed”), but not. Because of the San Diego housing bubble, we still can’t afford the house we deserve to live in, in a way, we are considered “Poor”. Hence, we are the “Landed Poor”.

[masayako]

With the money we responsibly saved, we should be pretty well off (“Landed”), but not. Because of the San Diego housing bubble, we still can’t afford the house we deserve to live in, in a way, we are considered “Poor”. Hence, we are the “Landed Poor”.

[masayako]

With the money we responsibly saved, we should be pretty well off (“Landed”), but not. Because of the San Diego housing bubble, we still can’t afford the house we deserve to live in, in a way, we are considered “Poor”. Hence, we are the “Landed Poor”.

[investor]

Landed poor refers to someone who owns property but does not have much money in addition to that. It references the landed rich of england, when your wealth was tied to land ownership, where you could make income off of tenants whom could not break through the glass ceiling of society and own their own land outright. (The characters in jane austin’s novels are an example.) Today, it can also refer to “house poor” people, especially in america today, that have expensive homes (that the bank really owns) but do not have much income of their own.

[investor]

Landed poor refers to someone who owns property but does not have much money in addition to that. It references the landed rich of england, when your wealth was tied to land ownership, where you could make income off of tenants whom could not break through the glass ceiling of society and own their own land outright. (The characters in jane austin’s novels are an example.) Today, it can also refer to “house poor” people, especially in america today, that have expensive homes (that the bank really owns) but do not have much income of their own.

[investor]

Landed poor refers to someone who owns property but does not have much money in addition to that. It references the landed rich of england, when your wealth was tied to land ownership, where you could make income off of tenants whom could not break through the glass ceiling of society and own their own land outright. (The characters in jane austin’s novels are an example.) Today, it can also refer to “house poor” people, especially in america today, that have expensive homes (that the bank really owns) but do not have much income of their own.

[investor]

Landed poor refers to someone who owns property but does not have much money in addition to that. It references the landed rich of england, when your wealth was tied to land ownership, where you could make income off of tenants whom could not break through the glass ceiling of society and own their own land outright. (The characters in jane austin’s novels are an example.) Today, it can also refer to “house poor” people, especially in america today, that have expensive homes (that the bank really owns) but do not have much income of their own.

[Author]

Posts