Kevin Spacey is squatting in the house he lost in foreclosure (hexbear.net)

submitted 4 weeks ago by smokeppb@hexbear.net to c/main@hexbear.net

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:squatters-rights: I hear Chicago is lovely this time of year, read up Spacey: https://theanarchistlibrary.org/library/anders-corr-anarchist-squatting-and-land-use-in-the-west

Spacey’s refusal to leave is just the latest chapter in a string of financial woes for the fallen star.

During a tearful June interview with Piers Morgan, Spacey confessed, “I’m not quite sure where I’m going to live now,” admitting that he’s drowning in debt, unable to pay legal fees, and has been forced to move his belongings into storage.

Oh, the tears of unfathomable sadness!

The mansion was foreclosed on after Spacey defaulted on his $20,230 monthly mortgage payments — an amount he struggled to maintain after his firing from “House of Cards” and subsequent legal battles.

Hard to maintain the fees and pay off the assassins to stay quiet at the same time I suppose.

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[-] Isopod_Activities@hexbear.net 54 points 4 weeks ago

this is really testing my support of squatter's rights.

[-] smokeppb@hexbear.net 40 points 4 weeks ago

It's OK notice the NY post called it "refused eviction" because a celeb fav of theirs is doing it!

[-] egg1918@hexbear.net 22 points 4 weeks ago

Do these rich fucks really have no savings or is he just saying he's broke so they don't come looking for more?

[-] Sulvor@hexbear.net 14 points 4 weeks ago

Seriously, if you have that much money why even get a mortgage, just buy a nice house outright that you can afford.

Spacey is the ghouliest of ghouls though so of course he treats money like toilet paper.

[-] cecinestpasunbot@lemmy.ml 18 points 4 weeks ago

You get a mortgage because the interest you would pay on the loan is less than the money you make investing elsewhere.

[-] Sulvor@hexbear.net 6 points 4 weeks ago

Oh yeah I guess that makes sense, dealing with that amount of money is such a strange thing to me lol

[-] gencha@lemm.ee 2 points 4 weeks ago

In theory yes, but it doesn't sound like he has any investments to liquidate. Either way, he played his cards wrong and now he has no house.

[-] smokeppb@hexbear.net 5 points 4 weeks ago

Could be both things, as well as garnering sympathy.

[-] ColeSloth@discuss.tchncs.de 2 points 4 weeks ago

The royalties he'd be getting off things he'd done over the years probably amounts to at least 6 figures.

[-] UlyssesT@hexbear.net 22 points 4 weeks ago

Bethesda based investor

todd

[-] smokeppb@hexbear.net 11 points 4 weeks ago

I think the guy who bought the apartment divorced Britney Spears recently.

[-] UlyssesT@hexbear.net 10 points 4 weeks ago

I'd ask for more details but I'd probably have to buy another copy of Skyrim. todd yes-hahaha-yes-l

[-] ProletarianDictator@hexbear.net 4 points 4 weeks ago

Wtf is this emote

[-] UlyssesT@hexbear.net 4 points 4 weeks ago

I don't know, except that it's Todd Howard, the guy responsible for most of Bethesda's questionable executive-level business practices.

[-] Antiwork@hexbear.net 2 points 4 weeks ago

That would be a tellitubbi with a shotgun

[-] Sulvor@hexbear.net 22 points 4 weeks ago* (last edited 4 weeks ago)

Spacey defaulted on his $20,230 monthly mortgage payments

agony-turbo

Remember when this guy was threatening people in character? Lol this is a gem.

[-] smokeppb@hexbear.net 16 points 4 weeks ago

In retrospect, he probably should have downsized to a much more modest $10k / month mortgage.

[-] TheVelvetGentleman@hexbear.net 21 points 4 weeks ago

He just needs to tighten his belt and set a realistic budget. Maybe something in the $15,000/mo would suit him better.

[-] cdf12345@lemm.ee 14 points 4 weeks ago

I bet jail would be in his budget

[-] TankieTanuki@hexbear.net 10 points 4 weeks ago

He should just have his assassins pop that investor.

[-] CliffordBigRedDog@hexbear.net 6 points 4 weeks ago

And pay them with what exactly

[-] TankieTanuki@hexbear.net 2 points 4 weeks ago* (last edited 4 weeks ago)

Oscars.

Nah, good point.

[-] Anissem@lemmy.ml 9 points 4 weeks ago

Keyser Soze fucked up

[-] Diuretic_Materialism@hexbear.net 8 points 4 weeks ago

Lol of course it's in Fed Hill.

[-] ultraviolet@hexbear.net 7 points 4 weeks ago

I am against tenant rights in this particular case

[-] smokeppb@hexbear.net 9 points 4 weeks ago

It would be squatter's rights since he wasn't renting. I bet the Baltimore local squatters wont take too kindly to Spacey if he were to seriously become homeless. Nothing bad ever happens to these people.

[-] Tiocfaidhcaisarla@hexbear.net 6 points 4 weeks ago

I didn't expect him to end up in Baltimore

[-] InevitableSwing@hexbear.net 5 points 4 weeks ago

I hope Christmas comes early with a Spacey vid before that day.

[-] anonochronomus@hexbear.net 4 points 4 weeks ago

Time to move into Hamsterdam.

this post was submitted on 18 Aug 2024

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