short of cash because the bulk of your money is tied up in your house. Implication is that without the real estate investment and associated mortgage, you would be financially comfortable.
a situation in which so much income goes to the costs of owning a home that little is left over for discretionary expenditures.
Example: After the Wilsons bought their new home, they had no money left over after paying each month’s bills. Although their home was worth hundreds of thousands of dollars, the Wilsons were house poor and could afford few luxuries.