Actors Get Broke Too December 27, 2009 @ 1:50:48 PM EST
The following quote comes from an article published in the Orange County (California) Register in June 2009. I am not trying to pick on Nicholas Cage in particular. I know almost nothing about the guy. Maybe this story, from June 2009, is totally out of date by now and he has recovered economically. I don't know.
This quote is included here only to demonstrate that being a famous actor does not exempt someone from other human foibles.
Financially troubled actor Nicolas Cage’s 1913 cottage — just steps from the Newport Pier on the Balboa Peninsula — has been pulled off the market after he dropped the price three times, down from $1.9 million to $995,000.
Cage’s real estate trust paid $1.7 million for the home in December 2006, county records show.
The most recent price cut occurred Nov. 12, according to Redfin. Less than one week later, however, one of the home’s listing agents said that the house was off the market because it had been rented out. A neighbor said the home was still vacant on Wednesday.
Here is a link to the original story: http://lansner.freedomblogging.com/2009/11/18/broke-actors-oc-cottage-unsold-at-half-off/44657/
