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This story has mostly positive ratings. 24 votes / No sinks
Celebrity Real Estate Losers
Real Estate – Even Hollywood's rich and famous can't avoid the housing downturn that's sweeping the nation. In Los Angeles, only 4,430 homes were sold in December, down 48% from the previous year. And prices fell 11% to an average $470,000.
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I'll admit that there is a part of me that has a little schadenfreude over the fact that celebs are losing money too.