Tuesday, April 22, 2008

the 92,000-peso bag


The items in the online buy-and-sell corner at the office today:

1. A 2004 BMW motorcycle for P765,000
2. A Nokia 6280 for P5,500 (negotiable)
3. A 2003 Honda CRV for $13,500
4. Lacoste perfume for P3,400
5. Sweet kittens looking for a home, free
6. HP Pavilion DV6000 laptop for P65,000
7. A house and lot at BF Homes Paranaque for P3.6 million
8. A Chanel medium-sized white bag for P92,000

I thought about the Chanel bag for a while. The post says it comes with a certificate of authenticity. And I thought a Liz Claiborne bag at 1,500 is already very expensive!

To the average Pinoy 92,000 can pay for the following:

1. 6 years' tuition in a respectable semi-private grade school
2. Down payment for a two-bedroom townhouse in the outskirts of Metro Manila
3. Jollibee birthday parties for 13 kids, having 30 guests each
4. 92 dresses from Karimadon (and let's not think about just buying from SM Department Store)
5. 1 complete tricycle to provide income, with something left over to pay for one year's worth of electric bills
6. 76 1-kg cans of baby formula, enough to last 19 months
7. 18,400 pencils, enough for 368 Grade 1 classes


But then, probably the seller (and the interested buyer) are not your average Pinoy. Expensive is also a matter of perspective.

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