Relevant:
- Man Billed 'Crash Tax' For Emergency Response
- Celebrity foreclosures show extent of housing woes
- GLASKI TAKES A HIT: California Court Rejects Reasoning in Glaski Decision
- Foreclosures are in their prime (not just subprime)
- "Like a Hollywood set, housing inventory looks to be low only because that is what is being presented"
2009-06-08 — go.com
" Part of the problem for some celebrities is that they were allowed to borrow huge amounts of money because of their sizable paychecks during boom times. But Hollywood is fickle, and now some VIPs are struggling with smaller income streams and mortgages worth more than what their homes are currently worth."
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