Prince Harry and Meghan Markle could face a significant financial challenge with their Montecito mansion as local property prices have plummeted by 14.1 per cent compared to last year. The Duke and Duchess of Sussex,

It was also revealed that the median price a Montecito home sold for this year was $5.5 million, significantly lower than what Harry and Meghan brought their nine-bed mansion for. While this could change in the years to come, it seems unlikely that the couple will consider relocating anytime soon.

Prince Harry and Meghan Markle are in deep water as they have received a bad news about their beloved Montecito home.The Duke and Duchess of Sussex, who live in California with their two