Neverland: Celebrity shrine or stigmatized property?
June 26, 2009 | 5:08
pm
Even though Michael Jackson sold Neverland in a $22.5-million deal this year when the property was in foreclosure and his latest residence was a $100,000-a-month rental in Holmby Hills, both properties are strongly associated with the pop icon who died yesterday.
I put together a story about whether the Jackson ties will raise, lower or not affect the value of these homes.
Check it out and tell us what you think.
-- Lauren Beale
Thoughts? Comments?
Photo: A 2003 picture of the Neverland Ranch Railroad Station near Los Olivos. Credit: Mike Eliason / Santa Barbara News-Press
