Jose Canseco is the latest victim of the housing bust

Try to hold back your tears. The Wall Street Journal reports (subscription required) that "Faced with sinking property prices and heavy legal fines, he has abandoned a multimillion-dollar home in suburban Los Angeles and let it lapse into foreclosure."

It seems that the deflation of the steroid-enhanced housing market is hurting baseball's most infamous drug abuser.

The decline and fall of Jose Canseco has been pretty remarkable to watch, and the players whom he accused of steroid use in his bestselling -- and heinously bad -- books have to be looking on with more than a little bit of schadenfreude.

For a great look at everything that is wrong with Canseco, check out this wonderful piece from DeadSpin.

For more on celebrity foreclosures, check out this awesome blog. Here's the foreclosure listing for Michael Jackson's ranch.