LaTourette Hit by the Housing Crisis, About to Be Hit By Bill O’Neill


The housing crisis is hurting one of our own. Northeast Ohioans impacted by deflated property values, foreclosures, and a collapsing real estate market can certainly share the anxiety and frustration that Congressman Steve LaTourette and his wife Jennifer share today. According to The Plain Dealer, their plain, old, former home in Alexandria, Virginia is just sitting there on the market for $1,195,000 – down from the original purchase price of $1,240,000.

Time to brown bag it for lunch and take the Metro to the office? Nah. The latest Mrs. LaTourette and her husband bought a six-bedroom house in a much more upscale neighborhood of D.C. for a cool $1.3 million.

Two mortgages totaling $2.5 million?
Nah, Washington doesn’t change people.

Speaking of change, Judge Bill O’Neill is formally kicking off his campaign to finally send LaTourette back home (but with two pricey DC houses, I think Washington is home even after his defeat). O’Neill be announcing at a rally on Saturday afternoon at 1PM at the end of the RTA Blue Line – Warrensville Center and Chagrin in Shaker Hts.