celebrities
Celebrities Finally Hit By Housing Crunch
Filed in archive CELEBRITIES & GOSSIP by jim on May 18, 2008
housesale.jpg


Oh boo-hoo, the housing crisis, it seems that everything in America in crisis, has finally hit the celebrity rich.

The horror of having to reduce the asking price of your house by about $2 million is certainly something we can all identify with. That's what kathleen turner has done with her Long Island mansion, which she paid $488,000.00 for in 1990, and is now on the market at $5.88 million.

Everything is relative, of course, so a "loss" like that, I suppose, hits a rich person as hard as a reduction in value of $30-50K on a modest house such as the ones us mere mortals reside in.

Welcome to our world.

Here's the story about the celebrity hosing bust.

Source:www.farm2.static.flickr.com


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Tags: celebrity  house  kathleen+turner    celebrities  housing+crunch  celebrities+finally  finally+housing 
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