When you think about celebrities, you immediately tie them to the houses (more like estates) they buy:
Michael Jackson bought Neverland, his 2,400-acre estate in California.
Jon & Kate (Plus 8) are now living separately, but she and the kids are primarily living on their 24-acre playland with plenty of room for Jon’s ATV habit.
Hugh Hefner still lives with his girlfriends at the Playboy Mansion (which he just lent to former girlfriend Kendra for her nuptuals).
Elvis Presley lived at, died in, and was buried at Graceland.
But in addition to owning a fortress (or theme park) somewhere, celebrities like Michael Jackson and Angelina Jolie increasingly rent houses instead of buying homes. Why?
Read the complete story on Why Michael Jackson, Angelina Jolie, and Other Celebrities Rent Houses Instead of Buying Homes
Topic Page: Renting a Home
Home Renting in the Short Term; Home Buying in the Long Term
The Benefits of Renting if You’re Not Ready to Buy
Ready to buy a home? Pick up a copy of Ilyce’s bestselling book 100 Questions Every First-Time Home Buyer Should Ask, 3rd Ed
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