Quick, what’s one of the first things you’d buy if you won millions in the lottery tomorrow? For many people, buying a better home tops that list and that’s exactly what happens with many celebrities. When cash starts rolling in fairly quickly, it’s human nature to want to overdo things. This leads to the abundant buying of mega-mansions, sometimes for a single celebrity, and that leaves tabloids with plenty of fodder and fans drooling. But how much is too much?
There’s a reason many celebrities have homes on the market, many times unable to rent out or sell. While quality groups like Ashford Realty promote the importance of smart rental strategies, that’s often not an option for celebrities. Their homes are too big (read: expensive) to rent out on a continuous basis and they’re stuck with a property that doesn’t suit their needs. [Read more…] about The 3 Craziest Celebrity Homes