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People Are Willing To Pay Way More For Homes Where Celebrities Used To Live [INFOGRAPHIC]

Melissa Stanger   

People Are Willing To Pay Way More For Homes Where Celebrities Used To Live [INFOGRAPHIC]
Finance1 min read

Everyone knows there are high markups in restaurants, bars, and most retail goods, but what about celebrity real estate?

The folks at real estate website Movoto looked at a number of celebrity homes in the Los Angeles and Malibu areas to see if the prices of these homes were inflated compared to similar non-celebrity homes in the same area simply because a famous person used to live there.

The answer, they found, is "yes" ... depending on the celebrity. Robert Pattinson's place in Los Feliz, for example, sold for 202% above the average home price in the neighborhood, but Katy Perry's Hollywood Hills home went for 27% below average.

Here's an infographic Movoto created looking at 12 different homes and whether they fell victim to "celebrity inflation":

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