Obama's Rental House

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October 2nd, 2016 at 2:28:13 AM permalink
Pacomartin
Member since: Oct 24, 2012
Threads: 735
Posts: 8558


Obama has made arrangements to rent this house (2476 Belmont Rd NW Washington, DC 20008) when he leaves the WhiteHouse. The four-story brick house, a nine-bedroom, eight-and-half-bath property on Belmont Road NW, close to Rock Creek Park and Embassy Row, was built in 1928 and has a two-car garage and a gated courtyard. The Tudor-style house was last sold in May 2014 for $5.3 million after having been remodeled in 2011.

It is about 100 yards from Omani embassy, 250 yards from Islamic Center, and about 1000 yards from Bill and Hillary's house

http://www.culturaloffice.info/
http://theislamiccenter.com/


I think some people were hoping that he would move into a more diverse zip code.
Total population 27,525
82.2% White
5.3% Black or African American
7.6% Asian
7.7% Hispanic or Latino (of any race)
October 2nd, 2016 at 6:49:35 AM permalink
rxwine
Member since: Oct 24, 2012
Threads: 119
Posts: 5241
Quote: Pacomartin
[I think some people were hoping that he would move into a more diverse zip code.


I think the Secret Service plays heavily into this as he is a brand new ex-president, and public access could be a problem.
No one has ever proven I am not God.
October 2nd, 2016 at 7:47:16 AM permalink
ams288
Member since: Apr 21, 2016
Threads: 12
Posts: 2232
I assume they are only staying in DC till Sasha finishes high school, then it's back to Chicago?
In order to insult me, I must first value your opinion
October 2nd, 2016 at 9:00:36 AM permalink
Pacomartin
Member since: Oct 24, 2012
Threads: 735
Posts: 8558
Quote: ams288
I assume they are only staying in DC till Sasha finishes high school, then it's back to Chicago?

That is nominally the idea, but I don't think anyone believes it will really happen.

The home at 5046 S Greenwood Ave Chicago, IL 60615 was purchased for $1.65 in June 2005. By most reckonings it has lost most of it's value since he began his presidency. It's current Zestimate®: $410,565.

I am fairly sure that both the Clintons and the Bushes sold their primary homes upon being elected. GW bought the ranch in Crawford TX in 1999 just before he ran for office.

I don't think the Obamas could have sold the house without any political issues as the sale price would have just hammered home the loss of home values in the USA. If he was paid anything near what he paid, than he would be hip deep in scandal. Early in his first term, Obama called the house "my Kennebunkport" and vowed to return at least every couple months. But basically it exists just for campaign purposes.

GW Bush ranch
https://en.wikipedia.org/wiki/Prairie_Chapel_Ranch
October 2nd, 2016 at 9:55:10 AM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 103
Posts: 6766
Quote: Pacomartin


I am fairly sure that both the Clintons and the Bushes sold their primary homes upon being elected. GW bought the ranch in Crawford TX in 1999 just before he ran for office.


The Clintons did not have a primary home, they lived in the governor's mansion. I even remember that there was talk of what would happen between November and January as he had to resign as governor. He would have no home, and to set one up for such a short time would have been a nightmare. The new governor said he would be happy to let him stay for that period but it was a matter of he might not have been allowed legally to do it.

I do not remember how that all ended.
The man who damns money has obtained it dishonorably; the man who respects it has earned it
October 2nd, 2016 at 10:30:01 AM permalink
Pacomartin
Member since: Oct 24, 2012
Threads: 735
Posts: 8558
Clinton was governor of ARK January 9, 1979 January 19, 1981 ; January 11, 1983 December 12, 1992

From 1981-83 they lived in a 3020 square foot, 3.5 bathroom, 0.32 acres, built in 1905, located at 816 Midland St Little Rock, Arkansas.Last sold: Nov 1998 for $188,000 . They paid $112K and Chelsea (born February 27, 1980) turned one there.
December 2nd, 2016 at 4:44:19 PM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 110
Posts: 11586
Obama TV? This guy really thinks America
wants to see more of him? Ever count how
many times he says 'I' in one of his speeches?
Egomania at it's finest.

https://mic.com/articles/161028/obama-considering-post-presidential-digital-media-career-sources-say#.84cw4fhmU
If you take a risk, you may lose. If you never take a risk, you will always lose.
December 2nd, 2016 at 4:54:12 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 103
Posts: 6766
Quote: Evenbob
Obama TV? This guy really thinks America
wants to see more of him? Ever count how
many times he says 'I' in one of his speeches?
Egomania at it's finest.



https://mic.com/articles/161028/obama-considering-post-presidential-digital-media-career-sources-say#.84cw4fhmU


Maybe he will finally learn about revenue, costs, and profit.
The man who damns money has obtained it dishonorably; the man who respects it has earned it
December 2nd, 2016 at 5:06:25 PM permalink
stinkingliberal
Member since: Nov 9, 2016
Threads: 17
Posts: 731
Quote: Evenbob

Egomania at it's finest.


Learn to spell, Bob. Ignorance at "it's" worst.
December 2nd, 2016 at 5:13:29 PM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 110
Posts: 11586
Quote: stinkingliberal
Learn to spell, Bob. Ignorance at "it's" worst.


You don't get it, I don't care. Correct away,
anal-retentives make me laugh.
If you take a risk, you may lose. If you never take a risk, you will always lose.
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