Home prices up 290%!

Check this out in today's Star business.According to a report by ReMax Ontario, if you bought a Toronto home 25 years ago, you've done well.
The average price of an existing home rose by a compounded annual rate of return of 5.6 per cent a year over that time frame, or 290 per cent.
According to ReMax, the average price of a Toronto home in 1981 was $90,203, rising to $351,941 at the end of 2006. Pretty interesting since the price our of homes is the number 1 topic of conversation among anyone who owns a home.

I couldn't find this online but in the paper there was another interesting tidbit about the old CEO of home depot and the new guy.
The story was talking about the new guys compensation vs the former boss.
The new guy, Frank Blake made a nice $8.9 million. Not bad. Probably live quite nicely on that. Except when you compare that to the outgoing CEO Robert Nardelli. His last year he made $37.9 million, which is why they fired his ass out of there.
Executive compensation has long been a point of contention in the corporate world and Home Depot' investors finally had enough and got rid of Nardelli in favor of the cheaper Blake.

That's be a funny conversation.
Home Depot: Well we'd like to hire you but we have a budget now so don't expect too much.
New Guy: How bout $8.9 million.
Home Depot: Okay. But not a penny more.

I wouldn't worry bout the former boss, as part of his separation package he'll receive $210 million in compensation and benefits.
Wow. Sucks not to be him.