Actor Kevin Spacey has shared new insight into his living situation after admitting that he does not have a permanent residence, and has been living between hotels and Airbnbs since losing his Baltimore mansion to foreclosure last year.
Spacey, 66, ran into some significant financial trouble in 2024, after spending seven years fighting to defend himself against sexual misconduct and assault allegations in court.
Though he was ultimately acquitted, the extraordinary cost of his legal fees, coupled with Hollywood all but turning its back on the actor, left him with severe debts.
Speaking to British news publication The Telegraph about his troubles, Spacey revealed that he has spent much of the past year traveling to anywhere he is able to secure work—including Cyprus, where he performed a one-man show at a local nightclub—staying in hotels and short-term rentals along the way.
His interview ran under the headline, “Kevin Spacey interview: Homeless, cancelled, and crooning in Cyprus,” and multiple follow-up articles about his homelessness soon followed.
However, in a video posted on his Instagram account, Spacey has now hit back at the suggestion that he is “homeless,” insisting that he does have a roof over his head, while noting that he knows there are people far less fortunate than himself.
“I don’t usually make it my business to correct the media; if I did, I wouldn’t have time for much else,” he began the clip. “But in light of the recent articles claiming I am homeless, I feel the need to respond.
“Not to the press but to the thousands of people who have reached out the thousands of people who have reached out over the past few days offering me a place to stay, or have just asked if I’m OK.
“And to all of you, let me first say that I am truly touched by your generosity, full stop. But I feel it would be disingenuous of me to allow you to believe that I am indeed homeless in the colloquial sense.”
Spacey went on to praise Mick Brown, the “wonderful” journalist he’d spoken to, confirming that he had told him he’d been living in hotels or Airbnbs while traveling “wherever the work is,” but took aim at The Telegraph for “selling him out” by publishing a “knowingly misleading headline for the sake of clicks.”
The “House of Cards” star noted that he has been busy working for much of the past year, adding that he is not trying to equate himself to those who are in dire financial straits and being forced to live on the streets.
“I’ve been working nearly non-stop this entire year, and for that, I have so much to be grateful for,” he said. “And there are many people, as we all know, who are indeed actually living on the streets, or in their cars, or in terrible financial situations, and my heart goes out to them.
“But it is clear from the article that I am not one of them, not was I trying to say that I was.”
Spacey’s video was met with enormous praise from many of his followers, including the likes of actress Holland Taylor, who wrote: “Glad to see you, you brilliant, brilliant actor.”
The clip was posted just a few days after The Telegraph interview was published—shedding light on Spacey’s struggles in the year since he lost his Baltimore home.
He first addressed his financial woes in an interview with Piers Morgan in 2024, in which he admitted that he “still owed a lot of legal bills that he has been unable to pay.”
“My house is being sold at auction. So I have to go back to Baltimore and put all my things in storage. … I’m not quite sure where I’m going to live now,” he said during an interview on “Piers Morgan Uncensored.”
Spacey also admitted that he had come close to filing for bankruptcy on several occasions, but had “sort of managed to dodge it,” telling Morgan that his plan was to simply “get back on the horse.”
Speaking to The Telegraph, the actor explained that he lost his home for one very simple reason: “Because the costs over these last seven years have been astronomical. I’ve had very little coming in and everything going out.”
He added: “I’m living in hotels, I’m living in Airbnbs, I’m going where the work is. I literally have no home, that’s what I’m attempting to explain.”
Describing his current financial situation as “not great,” Spacey said that he did manage to avoid filing for bankruptcy, although he conceded that it had been “discussed” as an option.
The majority of his worldly possessions are currently in storage while he continues to travel for any and every paying work opportunity, although he said he does hope at some point to earn enough money to settle down in a real home once more.
“You get through it,” he said. “In weird ways, I feel I’m back to where I first started, which is I just went where the work was. Everything is in storage, and I hope at some point, if things continue to improve, that I’ll be able to decide where I want to settle down again.”
Spacey’s admission about his money woes comes just over one year after he was forced to move out of the Baltimore property, which he purchased for $5.65 million in 2017, the same year he was first accused of sexual misconduct.
At the time, representatives for the actor strongly denied that he had bought the home, with his then-manager, Evan Lowenstein, claiming that the condo belonged to him and not his client.
However, when the property ended up on the auction block, Spacey’s identity as its true owner was confirmed.
After going up on the auction block, the property was purchased by real estate mogul Sam Asghari for $3.2 million.
Asgari and Spacey then became embroiled in a bitter spat over the actor’s apparent refusal to leave the property in the wake of the auction, during which Spacey accused the real estate mogul of “bullying” him
Asgari initially came forward to accuse Spacey of refusing to vacate the property—only for the “House of Cards” actor to hit back with his own allegations that Asgari had failed to “comply with the rules applicable to purchasers following a foreclosure sale.”
That quarrel seemingly came to an end in February of this year when the Baltimore property was listed for $5.99 million, suggesting that Spacey had vacated the dwelling, leaving it free to find a new owner.
Yet that process would not prove to be easy. After three months on the market, the price of the dwelling was slashed by $1 million—only to undergo an additional $500,000 price cut six weeks later.
Asgari eventually put the dwelling on the rental market with an asking price of $35,000 a month, before it was delisted altogether earlier this year.
The impressive five-story abode, which is in the exclusive Pier Homes at the Harborview community, sits at the end of a pier and provides stunning views across the harbor.
It is a combination of two townhouses and features six bedrooms, seven full bathrooms, and three half-baths.
Other amenities include a home theater, sauna, elevator, billiard room, and chef’s kitchen. Multiple decks, including a 76-foot roof deck with a spa, offer residents the chance to enjoy panoramic views of the area.
The home is also equipped with a four-car garage.