Hmmm... News item: Tiger Woods "takes out" a $54.5 million home loan.
Think about that for a moment and compare your housing costs to his:
Assuming that Tiger could get a 30-year fixed rate mortgage that might be considered a JUMBO, JUMBO loan, at 4.625%, it means his monthly principle and interest payment would be about $280,206.
It is wonderful that he has an income stream that allows that to happen.
However, I wonder about why Tiger feels that he must choose such ostentatious and opulent housing. Clearly, there are dozens of nice mansion-type houses for sale in that area of Florida, and those cost substantially less.