Obamas pay $11.75M for new home located on nearly 30 acres: report

fox5atlanta ^ | Dec. 5, 2019 | fox

[bgill]

Former President Barack Obama and former first lady Michelle Obama have purchased a nearly 7,000-square-foot home on Martha’s Vineyard in Massachusetts for $11.75 million, according to a report.

The purchase price was recorded Wednesday with the local Registry of Deeds, the Vineyard Gazette reported.

The Obamas paid about half the original asking price for the property when it first became available in 2015, the report said...

The Obamas have entered some lucrative business deals since leaving the White House.

[bgill]

Yeah, they made some very lucrative business deals while in the WH. This must be the sixth or 106 mansion since leaving the WH. Bought at a 50% discount, huh. Who's the new Tony Rezko these days?

[rktman]

Uh, did fox5atlanta just get the memo? This is way old news. And, no mention of the 80 foot high sea wall to keep out the rising ocean.

[Eddie01]

Won’t it be underwater in 11 years due to global warming?

[Captain Compassion]

Hope they enjoy in in the 12 or so years left before the ocean rises up to cover the land.

[PGR88]

Obama’s expensive new house is about 20 feet above sea-level. It shows’s what he really thinks about climate change melting sea ice.

[cabbieguy]

I think it should read, “entered into many insider trading deals since leaving the black house”

[Grampa Dave]

The Democrats have understood this for decades. Look how rich Pelosi and Feinstein have become while in congress.

[RooRoobird20]

Obviously Bath House Barry and Chewbacca are not really concerned about global warming, they know there is no danger of the “seas rising ” on their beach front property.

[2banana]

Amazing net worth on a government salary.

[robel]

He didn’t pay for that.

[airborne]

“Socialism” apparently pays well.

[fwdude]

He’s obviously “the rich” paying that price. So, does the left hate him now?

[rktman]

Anyone chk what their mortgage pymt is? 😯

[Renkluaf]

Watch all the white people leave the Vineyard.

[Aria]

I think this house is weird inside but nice property - I guess he doesn’t expect to get in trouble for stuff he’s done in the US.

[hal ogen]

These anti-American criminals (The Greatest Fraud Ever & The Wookie) should be arrested for their many crimes. Their ill-gotten assets should be seized. What bums.

[Aria]

I thought that about the Clintons...I’ve given up.

[albie]

“Won’t it be underwater in 11 years due to global warming?”

...wishful thinking.

[albie]

He must’ve gone FHA at 3.5% down. How could he possibly get a conventional mortgage on his pittance of a salary?~sarc

[surrey]

Nah. On the Vineyard they love the Clintons and the Obamas. Very liberal island. Too bad because it’s so pretty.