$35,000 per month on rent for their Malibu pad, $3 million on Heidi’s “music career,” renting studios and paying producers, spending hundreds of thousands on Heidi’s surgeries and aftercare, six cars, healing crystals and private jets. The two now owe $2 million in taxes, are considering filing for bankruptcy.
In the interview Spencer admits:
“We were immature, worrying too much about the famous part instead of the actual business part,” Spencer tells Life & Style. “In hindsight, we shouldn’t have spent any of our money. We should have been low-key and saved.” Spencer continues, ““We spoke with a bankruptcy attorney and I’ve looked into unemployment checks.”
He added, “We thought The Hills was going to be like 90210 and we’d have another five to 10 years,” Spencer says. “The ratings were consistent. But we never saw Jersey Shore coming. Before, TV audiences were fine with seeing us all argue, but now they want you to punch one another in the face and hook up with three different people. Our cast was a bit boring and snoozeworthy in comparison. No wonder we got canceled.”
Spencer claims they’re now living at his parent’s house in their guesthouse—a studio apartment. “My parents are my lifeline.” And for once, his statements aren’t an exaggeration. “Spencer’s parents go to the grocery store for us once a week and that’s all we get.”