Kanye West Just Got OWNED By the Housing Market

8/12/2013 12:15 AM PDT

Kanye West
is NOT God, even though he thinks he is -- and we know that because he can't even control the housing market.

Kanye has just knocked a cool half-a-mil off the asking price for his Hollywood Hills bachelor pad.  He listed it for $3.3 mil back in March.  Apparently he thought a house with Kanye attached could fetch more than the comparable prices in the neighborhood -- the house should have been listed at around $2.5 mil. 

Yeezus dropped the price to $3.15 in early June, but still no takers.  So he's just dropped the price again -- to $2.8 mil.