Friday, February 8, 2008
Guitarist “Slash” suing his estate agent
Celebrities in Hollywood are losing millions of dollars as the housing slump in the US has forced them to cut the prices of their luxury homes. Forbes, the business magazine, has compiled a list of some of the stars hardest hit by the property downturn. Avril Lavigne, the Canadian singer, has just accepted an offer on her five-bedroom, six-bathroom home in the exclusive Hollywood Hills after cutting the price from $6.9 million (£3.6 million) to $5.8 million.