this post was submitted on 18 Aug 2024
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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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[–] egg1918@hexbear.net 22 points 3 months ago (3 children)

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 3 months ago (1 children)

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 3 months ago (2 children)

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 3 months ago

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

[–] smokeppb@hexbear.net 5 points 3 months ago

Could be both things, as well as garnering sympathy.

[–] ColeSloth@discuss.tchncs.de 2 points 2 months ago

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