Relevant:
- Ed McMahon won't get kicked out of his house -- Donald Trump is buying it
- Donald Trump will soon be Ed McMahon's landlord
- Million dollar foreclosure hunter
- The myth that foreclosures only occur in poor neighborhoods.
- Beverly Hills witnesses a 23 percent annual decline in home values -- Low interest rates do not mean long-term housing prices will go up. Just look at Japan and their historical interest rates.
2008-08-10 — doctorhousingbubble.com
``In June, Ed McMahon was in arrears on his Beverly Hills home by a stunning $644,000 on his $4.8 million dollar home. As we worked out the math on the place, we approximated that the carrying cost alone on the home was $30,000 to $35,000 given the size of the mortgage. The home has been on the market for 537 days.''
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