{"id":123,"date":"2009-10-17T19:26:43","date_gmt":"2009-10-17T19:26:43","guid":{"rendered":"http:\/\/www.sasamat.ca\/test\/?p=123"},"modified":"2014-02-10T00:04:44","modified_gmt":"2014-02-10T00:04:44","slug":"ottawas-bubble","status":"publish","type":"post","link":"https:\/\/www.timwyatt.ca\/test\/?p=123","title":{"rendered":"Ottawa\u2019s bubble"},"content":{"rendered":"<p><a target=\"_blank\" href=\"http:\/\/www.greaterfool.ca\/2009\/10\/16\/ottawas-bubble\/\">Garth Turner:<\/a> &#8220;If I want to buy that $400,000 house and have $200,000 for a downpayment, why am I paying the same mortgage interest rate as the first-timers who barely have pizza money? Don\u2019t they constitute a larger risk? Where\u2019s the risk premium on the money loaned to them? Why is this system so screwed up that ultra high-risk borrowers have money showered upon them by our famously conservative and prudent banks?&#8221;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3794\" title=\"bubble1\" src=\"http:\/\/www.greaterfool.ca\/wp-content\/uploads\/2009\/10\/bubble1.jpg\" alt=\"bubble1\" height=\"485\" width=\"465\"><\/p>\n<p>&#8220;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Garth Turner: &#8220;If I want to buy that $400,000 house and have $200,000 for a downpayment, why am I paying the same mortgage interest rate as the first-timers who barely have pizza money? Don\u2019t they&hellip;<\/p>\n<p><a class=\"readmore\" href=\"https:\/\/www.timwyatt.ca\/test\/?p=123\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3,4,5],"class_list":["post-123","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-interest-rate","tag-loan","tag-mortgage","comments-off"],"_links":{"self":[{"href":"https:\/\/www.timwyatt.ca\/test\/index.php?rest_route=\/wp\/v2\/posts\/123"}],"collection":[{"href":"https:\/\/www.timwyatt.ca\/test\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.timwyatt.ca\/test\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.timwyatt.ca\/test\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.timwyatt.ca\/test\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=123"}],"version-history":[{"count":1,"href":"https:\/\/www.timwyatt.ca\/test\/index.php?rest_route=\/wp\/v2\/posts\/123\/revisions"}],"predecessor-version":[{"id":124,"href":"https:\/\/www.timwyatt.ca\/test\/index.php?rest_route=\/wp\/v2\/posts\/123\/revisions\/124"}],"wp:attachment":[{"href":"https:\/\/www.timwyatt.ca\/test\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.timwyatt.ca\/test\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.timwyatt.ca\/test\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}