3:28 PM home to rent | ||||
#Where to Rent Celebrity Homes Why rent any old villa when you could be staying in Mick Jagger’s? Staying at a hotel popular with celebrities means you could swim in the same pool as Kate Hudson And Jagger is hardly the only celebrity handing over the keys to his kingdom to strangers. cost more than that per night. Why would a celebrity open his home to strangers? According to the experts, it’s a very wise fiscal decision, and even heavy-hitters who aren’t necessarily desperate for cash still want to break even. “As a graduate of the London School of Economics, Mick Jagger is an astute businessman,” says Richard Klug of Beverly Hills –based Sotheby’s International Realty, who works with high-profile clients. “He understands that leasing out the property when he’s not there helps defray costs for the house.” Klug also explains that stars, especially those in the music business, have been hard hit over the past five years due to dramatic changes in payment methods and royalty structures. The result: many of them are being forced to scale down, which means they’re willing to give up the keys
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