{"id":49775,"date":"2015-05-12T21:31:08","date_gmt":"2015-05-12T21:31:08","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/globe_and_mail_series_on_canadas_debt_binge_a_house-rich_couple_confronts_a\/"},"modified":"2015-05-12T21:31:08","modified_gmt":"2015-05-12T21:31:08","slug":"globe_and_mail_series_on_canadas_debt_binge_a_house-rich_couple_confronts_a","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=49775","title":{"rendered":"(Globe and Mail series on Canada&#39;s Debt Binge) A house-rich couple confronts a looming cash crunch"},"content":{"rendered":"<p>Vicky and Sandhya Bhardwaj are expecting their first child in August. Once their son arrives, the couple will be living dangerously close to their financial edge.<\/p>\n<p>Mr. Bhardwaj\u2019s entire paycheque \u201d\u201c he earns $73,000 a year \u201d\u201c goes toward the mortgage payments on the four-bedroom, five-and-a-half bathroom Mississauga house they bought in 2011 for $747,000. Mrs. Bhardwaj\u2019s salary of $55,000 covers everything else, from utilities, groceries, and gas and insurance on their cars, to the interest on their two lines of credit and credit card.<\/p>\n<p>\u201cI\u2019ve made a spreadsheet of our expenses \u201d\u00a6 and right now, we are $1,000 a month short for what we will need to live on, once my wife is on mat leave,\u201d\u009d says Mr. Bhardwaj, 39.<\/p>\n<p><a href=\"http:\/\/www.theglobeandmail.com\/globe-investor\/personal-finance\/household-finances\/house-poor-couple-debt\/article24370722\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vicky and Sandhya Bhardwaj are expecting their first child in August. Once their son arrives, the couple will be living dangerously close to their financial edge. Mr. Bhardwaj\u2019s entire paycheque \u201d\u201c he earns $73,000 a year \u201d\u201c goes toward the<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=49775\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,175,207,101,582,149,168,600,98,177,593,34],"tags":[],"class_list":["post-49775","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-anthropology","category-canada","category-children","category-consumerconsumer-spending","category-economy","category-ethics-moral-theology","category-housingreal-estate-market","category-marriage-family","category-pastoral-theology","category-personal-finance","category-theology"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/49775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49775"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/49775\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}