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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[–] Isopod_Activities@hexbear.net 54 points 1 month ago (1 children)

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

[–] smokeppb@hexbear.net 40 points 1 month ago

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

[–] Sulvor@hexbear.net 22 points 1 month ago* (last edited 1 month ago) (1 children)

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 17 points 1 month ago

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

[–] UlyssesT@hexbear.net 22 points 1 month ago (2 children)
[–] smokeppb@hexbear.net 11 points 1 month ago (1 children)

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

[–] UlyssesT@hexbear.net 10 points 1 month 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 1 month ago (2 children)
[–] UlyssesT@hexbear.net 4 points 1 month 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 1 month ago

That would be a tellitubbi with a shotgun

[–] egg1918@hexbear.net 22 points 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month ago

Could be both things, as well as garnering sympathy.

[–] ColeSloth@discuss.tchncs.de 2 points 1 month ago

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

[–] TheVelvetGentleman@hexbear.net 21 points 1 month 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 1 month ago

I bet jail would be in his budget

[–] TankieTanuki@hexbear.net 10 points 1 month ago (1 children)

He should just have his assassins pop that investor.

[–] CliffordBigRedDog@hexbear.net 6 points 1 month ago (1 children)

And pay them with what exactly

[–] TankieTanuki@hexbear.net 2 points 1 month ago* (last edited 1 month ago)

Oscars.

Nah, good point.

[–] Anissem@lemmy.ml 9 points 1 month ago

Keyser Soze fucked up

Lol of course it's in Fed Hill.

[–] ultraviolet@hexbear.net 7 points 1 month ago (1 children)

I am against tenant rights in this particular case

[–] smokeppb@hexbear.net 9 points 1 month 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 1 month ago

I didn't expect him to end up in Baltimore

[–] InevitableSwing@hexbear.net 5 points 1 month ago

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

[–] anonochronomus@hexbear.net 4 points 1 month ago

Time to move into Hamsterdam.