NBA player Allen Iverson has joined the list of celebs who’ve fallen victim to the housing market. After only three years on the market, Iverson and his wife have decided to sell their Philadelphia mansion. The catch is that the couple paid $5 million back in 2002, put $2 million in renovations and they sold it for a mere $2.6 million! DAYUM! Do you realize that’s almost $5 million down the drain? Another couple of losses like that and AI may end up needing EBT.
The economy is hurting everybody!