
The Money Pit marked the first collaboration between Tom Hanks and Steven Spielberg. Spielberg executive produced the movie, which is a loose remake of the 1948 Cary Grant/Myrna Loy classic Mr. Blandings Builds His Dream House. Walter (Hanks) and Anna (Shelley Long) are a couple who buy an old mansion on the cheap only to discover it needs extensive work. It's in such bad shape, in fact, that Walter soon dubs it a “money pit”.
Here are just some of the problems with the house: the front door frame falls out, the main staircase crumbles, a chimney collapses, the electrical wiring catches fire, the plumbing is filled with disgusting gunk, a bathtub falls through the floor (causing Hanks to laugh maniacally (see photo)), and there's even a raccoon living in the dumbwaiter. The only construction crew that will take on the job rips the place apart and every time they are asked how long the work will take to complete, they give the same answer, “two weeks”.
Hanks and Long have decent chemistry together, although she looks a bit too old for her baby-faced costar. Anna's a classical musician who was previously married to an arrogant conductor (Alexander Godunov). Her relationship with her ex leads to the movie's biggest conflict, which is of course happily resolved at the end.
Maureen Stapleton steals her few scenes as the woman who sells them the mansion. She shows them the house at night by candlelight to save money for, “Those goddamned bloodsucking lawyers!” She also reveals that Carlos, her boyfriend of 25 years, was actually Hitler's pool man and is now on the lam, which is why she has to sell the house in such a hurry. Walter and Anna buy her story and her mansion and before you can say, “Mr. Blandings Builds His Dream House” they begin to discover all the many problems with their new abode.
In the mid-80s Tom Hanks and Shelley Long were both former television stars attempting to transition to the big screen. Tom Hanks would, of course, go on to have a legendary Oscar winning career (both with and without Steven Spielberg) while Shelley Long would have a few minor hits like Outrageous Fortune (1987), Troop Beverly Hills (1989) and The Brady Bunch movies in the mid-90s before quietly returning to the small screen in mostly supporting roles. The Money Pit isn't as good as Mr. Blandings but it does offer some nice lighthearted humor and clever physical sight gags. And with a brisk 90 minute run time it never overstays its welcome.


















