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Sprewell In Trouble
By ariel in Uncategorized, Money, sports, NBA, America, Basketball, celebrity, Latrell, Sprewell, Foreclosure, Recession, Economy on May 13 2008
It was very saddening to hear that former NBA star Latrell Sprewell lost his home, like many others, to foreclosure on Monday.
AOL Sport’s Matt Watson put it in perspective:
I know the automatic reaction among fans is to point and laugh at the silly athlete who didn’t know how to manage his money, but there’s nothing funny about foreclosure. I’m in the process of buying a house, and over half of the houses I walked through were both empty and in a sad state of disrepair as a result of frustrated owners taking it out on their property before losing it to foreclosure, which is becoming a sad trend in my state. After awhile, it’s just depressing.
