Now We Know Why Neither Katie Nor Tom Kept the House After Their Split
Katie Maloney-Schwartz explained why she and Tom Schwartz both decided to find new places to live, even though she was “dying to stay” in the home they previously shared.
Three months after announcing their split, Katie Maloney-Schwartz and Tom Schwartz recently moved out of their former house and into separate new residences. However, before deciding to sell the beautiful Valley Village abode (which you can see in the video above), both Vanderpump Rules cast members considered keeping it for themselves.
“As much as I would have loved to stay there, or Tom would’ve loved to stay there, it’s too much house for one person,” Katie explained on the June 10 episode of her Dear Media podcast, You're Gonna Love Me. “I originally was dying to stay there. I would have done anything to stay there. But then realistic thoughts entered my mind, and I was like, ‘Wait a minute, how could I afford to stay there?’ I mean, with two incomes, with two people, yes, it’s totally doable. But on my own, yikes. I mean, I could not have afforded a mortgage like that on my own. It’s very, very expensive.”
“On top of that,” she added, “you have the utilities of a house like that, it's also very expensive, and then you have a gardener, and you have a pool person, and property taxes, and, you know, it gets to be a lot. So it just fiscally did not make sense. The sensible thing to do was just to sell it and part ways and not try to stay there and... what, get roommates? No, I’m good on that. So yeah, we are both living in our own little places now.”
Press play on the video above to see Tom and Katie’s former house.
Vanderpump Rules is streaming on Peacock and available on the Bravo app.
