Thursday, July 24, 2008

Even the Spelling's feel the hurt of Real Estate Crisis

I was truly touched when I read how today's hard times have impacted some of our richest dynasties such as the Spelling family. Consider this horrific tale of downsizing:

"Spelling, 62, is moving out of the biggest home in L.A., a 123-room, 56,000 square-foot mansion in Holmby Hills. The new place is a relatively tight squeeze, the Times' Roger Vincent reports"


Here is a description of her new digs:
"Her new home will be less than a third the size of the old one -- just 16,500 square feet -- but with a killer 360-degree view spanning the horizon from downtown Los Angeles to Santa Catalina Island."

How can the masses be so desensitized to the fact that the rich have their burdens?

We need to discuss social inequities created by the Spelling's wealth instead of worrying about their burden.

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