Incredulity, take 1: Shaquille O’Neal’s monthly spending. Granted, it’s probably no worse than any other NBA superstar’s spending, but I haven’t seen theirs broken down like this, so O’Neal’s the topic of discussion.
Among [the expenses]: $156,116 in mortgages on three homes (including his $20 million mansion on Star Island, Miami Beach), plus $31,299 in homeowners insurance; $3,345 in phone bills; $1,610 in lawn and pool maintenance; $12,775 in food; $1,495 in cable TV; $24,300 in gas; $6,730 in dry cleaning; $17,220 in clothing; $2,305 for pets, and $110,505 in vacations.
Believe it or not, the one that really threw me was the gas. I don’t get it. Let’s assume Shaq owns 6 Cadillac Escalades and drives them all every single day. Escalades get 13 mpg, and the highest gas price I can find in the Miami area is $3.39/gallon, which means that Shaq (or his family/whatever) would have to drive each of his six Escalades over 500 miles every single day. I think Shaq’s getting ripped off by either his driver or his accountant.
And don’t even get me started on his $220/day dry cleaner.
Incredulity, take 2: Paul Wolfowitz is back in the Bush administration, albeit as an advisor.
Paul D. Wolfowitz, who resigned as World Bank chief after serving as second-in-command at the Pentagon, has returned to the Bush administration, albeit in an advisory role.
That sound you just heard was every Iranian sphincter tightening simultaneously.
In 2007, for the first time ever, condos in downtown Toronto appreciated more than detached homes.
Condominiums in the central core appreciated by 12.2% in 2007 compared to 11.5% for single detached homes. West end condominiums appreciated by 7.3% compared to 6.6% for single detached homes. These stats generally capture activity in the resale market.
I’m actually kind of surprised it took this long, but I’m obviously biased toward condos.
By the way, if I see a sustained 12.2% appreciation, I’ll be pretty pleased with that.
[tags]shaquille o’neal, paul wolfowitz, toronto condos, toronto detached houses[/tags]