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The Obamas just Bought their Rental Home in Washington
The Washington Post ^ | May 31, 2017 | Krissah Thompson, Kathy Orton and Emily Heil

Posted on 05/31/2017 4:03:47 PM PDT by Cecily

Looks like former president Barack Obama and former first lady Michelle Obama are putting down deeper roots in Washington: After renting a Kalorama home for their post-White House stint, the couple have purchased the eight-bedroom, nine-and-a-half-bath home for $8.1 million, according to property records.

The Obamas have said they plan to remain in D.C. while their younger daughter, Sasha, finishes high school at Sidwell Friends. After leaving the executive mansion in January, the family settled into a rental home owned by Bill Clinton press secretary Joe Lockhart and his wife, Giovanna Gray Lockhart, an 8,200-square-foot home that was built in 1921 and renovated in 2011.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: News/Current Events; Politics/Elections; US: District of Columbia
KEYWORDS: chat; kalorama; obamafamily; obamahome; x44
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To: Cecily

Property values just took a hit...


21 posted on 05/31/2017 4:20:55 PM PDT by DoughtyOne (Happy days are here again!)
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To: Cecily
How is Obama able to afford this place on his retirement
salary of, I think, $400,000 per annum? Oh, that's right,
"speaking fees" at 200 grand a speech.
Yeah, that's how he's making ends meet. Sure.
22 posted on 05/31/2017 4:21:12 PM PDT by StormEye
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To: HarleyLady27

I used to live about 8 blocks from there near DuPont circle many years ago,there goes the neighborhood. He has his entertainment in that DuPont circle is big homosexual area now.


23 posted on 05/31/2017 4:25:40 PM PDT by samantha (keep up the fight..)
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To: Cecily
"After renting a Kalorama home for their post-White House stint, the couple have purchased the eight-bedroom, nine-and-a-half-bath home for $8.1 million"

You'll never stamp out sedition until it's no longer so profitable,
24 posted on 05/31/2017 4:26:15 PM PDT by clearcarbon
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To: jstolzen

Wonder where all the cash to buy an EIGHT MILLION DOLLAR home came from?


Plus a month-long vacation in Tahiti, and private jets to Italy etc., it does make “public service” look pretty lucrative.

And then there’s the Clintons, who never owned a home, able to buy three multimillion dollar homes after leaving office.


25 posted on 05/31/2017 4:26:59 PM PDT by hanamizu
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Comment #26 Removed by Moderator

To: Cecily


27 posted on 05/31/2017 4:32:13 PM PDT by Vlad The Inhaler (Best Long Term Prepper Tactic: Beat The Muslim Takeover - Have Big Families)
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To: Vlad The Inhaler

“As long as he is around sucking all the oxygen up the democrat party will continue to be the party of traitors and anti-Americans.”

Silver Lining! 2018 is going to be a bloodbath. And I can’t wait! :)


28 posted on 05/31/2017 4:32:26 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set!)
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To: mass55th

Taxpayers are the new reluctant Rezko. Obama voted himself a big giant pay raise for his own “retirement”.


29 posted on 05/31/2017 4:32:41 PM PDT by dforest
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To: Cecily
As POTUS his salary & book sales did not provide the type of nest egg which would cover the expenses related to frequent luxurious travel as well as the upkeep/renovations/interior decorator expenses we've read about for his multiple multi-million dollar residences.

Rancho Mirage, CA residence . . .$4.25M/The Los Angeles-based interior designer Michael S. Smith is reportedly in charge of decorating the Obamas’ new home

Waimanalo, Hawaii residence ..... $8.7M

D.C. residence ..... (leasing $5M)

Dubai residence .....$4.9M (fwiw: Dubai offers limited extradition)

Chicago residence:.....$1,650,000

All while claiming a 19% tax rate?

30 posted on 05/31/2017 4:35:55 PM PDT by wtd
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To: Cecily
Obunzo got a 2 million dollar per year raise (more than all the other former presidents) before he left office.

Plus, he and Moochie each got a 60 million advance to write their separate memoirs.

Also, didn't he complain about rich White Americans as having won the lottery?

31 posted on 05/31/2017 4:36:05 PM PDT by Slyfox (Where's Reagan when we need him? Look in the mirror - the spirit of The Gipper lives within you.)
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To: Cecily

the family settled into a rental home owned by Bill Clinton press secretary Joe Lockhart and his wife, Giovanna Gray Lockhart, an 8,200-square-foot home...


And how does a former press secretary afford a multi-million dollar home?


32 posted on 05/31/2017 4:39:17 PM PDT by Flick Lives ("Daddy, what did you do in the Deep State War?")
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To: Charles Martel

Gee - I hope nobody goes by there and puts gorilla glue on the iron gates.

Is that racist?


33 posted on 05/31/2017 4:41:10 PM PDT by ladyjane
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To: jstolzen
Wonder where all the cash to buy an EIGHT MILLION DOLLAR home came from?

Having two massive best-selling books couldn't have hurt.

34 posted on 05/31/2017 4:46:45 PM PDT by semimojo
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To: Flick Lives

Well off family, and took a bunch of Muslim money in the BCCI scandal before he was press secretary, and made a fortune lobbying since.

He had a hand in the fake GW Bush National Guard story.


35 posted on 05/31/2017 4:48:43 PM PDT by jjotto ("Ya could look it up!")
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To: Cecily

Public service sounds like a real nice paying gig. 8.1 mil plus the homes in Hawaii and Palm Desert - must be nice


36 posted on 05/31/2017 4:49:29 PM PDT by atc23 (The Confederacy was the single greatest conservative resistance to federal authority ever)
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To: The people have spoken

>>And they need 8 bedrooms because ....<<

10 would mean he is out of touch with the democrat base.


37 posted on 05/31/2017 4:52:43 PM PDT by freedumb2003 (The Civil Rights movement compared content of their character to skin color and chose the latter)
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To: jstolzen
Wonder where all the cash to buy an EIGHT MILLION DOLLAR home came from?

Give me a break. Obama is already a multi-millionaire and he will get richer and richer by the day. He will be raking in the cash every day for speeches, as a member of corporate boards, etc.

Barack Obama 'to pocket £2.5million for sold-out speech in Milan today' ... a staggering £2.5million (€3million) today for delivering a speech to a sold-out audience

The Financial Times reports that Penguin Random House paid an excess of $65 million for memoirs by both Obamas.

You are missing the big story. Obama is staying in DC. He is going to be the head of the Dem Party for at least the next four years. No doubt he is gearing up to help the Dems regain control of Congress. He is going after Trump who is tearing down his legacy. Obama heads the shadow government. This is unprecedented and a disaster for this country. That's the real story.

38 posted on 05/31/2017 4:52:47 PM PDT by kabar
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To: StormEye

Iran kickback


39 posted on 05/31/2017 5:00:24 PM PDT by dandiegirl (BO)
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To: jstolzen

They know their books are going to sell then be made into propaganda movies?


40 posted on 05/31/2017 5:00:53 PM PDT by huldah1776 ( Vote Pro-life! Allow God to bless America before He avenges the death of the innocent.)
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