Whether you call it “house-poor” or as Louise Edgerton calls it “house rich and cash poor” there are many Canadians in the same boat as Louise and her husband John who are struggling to pay for everyday life after paying for their housing expenses.
Kudos to Louise and John for speaking to the CBC about their situation. As Louise says “It’s a dirty little secret. Nobody talks about it”.
If you don’t talk about it then you are possibly missing out on advice and options for dealing with your budgeting challenges and you are also internalizing the stresses associated with trying to make ends meet.