The Poor and Famous: 10 Celebrities That Can’t Afford a Mortgage
#1 Nicholas Cage Nicolas Cage couldn’t keep a hold on his treasure. Even though Forbes listed Cage as one of the top 100 most powerful celebrities, reportedly earning $40 million between 2008 and 2009, he owed almost half as much to the IRS in back taxes. As of 2010,... Read more
….but musician Billy Joel has just cut the price on his Hamptons beach home to $16.75 million, 25 percent off what he was originally asking in 2009, according to The Wall Street Journal. With 20 percent down and a 30-year fixed jumbo mortgage carrying an excellent 5 percent interest... Read more