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Cardi B Addresses Rumors About Financial Crisis And Mansion Sale

Former Federal Reserve Board Chairman Ben Bernanke discusses "10 Years After the Global Financial Crisis" in Washington

Cardi B recently addressed and debunked rumors circulating about her and Offset's alleged financial troubles and plans to sell their $5 million Atlanta mansion. The speculation stemmed from a now-deleted report claiming the couple was facing foreclosure and struggling to make payments on their property. Cardi swiftly dismissed these claims, emphasizing that they purchased the estate in 2019 for $5 million and its current value is $7 million, citing the thriving Atlanta real estate market.

The Grammy-winning artist clarified that they have no intentions of selling the mansion, and if they ever did, she would simply transfer her share to Offset, who has a fondness for Atlanta. The couple, who share two children, Kulture and Wave, acquired the lavish five-bedroom, 11-bathroom residence in Sandy Springs in 2019.

To further dispel any financial concerns, Cardi shared a video tour of her $5.85 million New Jersey estate, showcasing her opulent master bedroom and her children's extravagant $20,000 backyard playground set. The New Jersey property, purchased in 2021, boasts nine bedrooms, nine bathrooms, a movie theater, a temperature-controlled wine cellar, a gym, and a wet bar, sprawled across 13,000 square feet on nearly two acres of land.

Offset also surprised Cardi with an investment property in the Dominican Republic as a birthday gift in 2021, adding to their impressive real estate portfolio. The couple's luxurious homes and assets reflect their financial stability and success, debunking any unfounded rumors of financial distress.

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