About · Contact · Top Personal Finance Blogs
Featured In:

A Look Into the Home Values of the Presidential Candidates

Erik Folgate

This article from Yahoo Finance tells you the home values of the presidential candidates to their primary residences. We now know their net worth, how much they spend on hair cuts, and now we even know how much their real estate is worth. I don’t really think you should pay much credence to this kind of information about the presidential candidates when it comes to forming a voting opinion about them. My suspicion is that journalists write these types of articles more for the entertainment value of the information. It sparked my interest totally out curiousity and nosey-ness. That’s not a word, but I made it up. It’s my blog, and I’ll make up words if I feel like it. Here’s a quick reference as to the home values of the five primary candidates still running for the presidential nominee.

  • Hillary Clinton plots her next strategic crying session in a 1.7 million dollar house in Chappaqua, NY.
  • Barack Obama throws darts at a picture of Hillary’s face in a 1.65 million dollar house in an upscale suburb of Chicago.
  • Mitt Romney makes anonymous phone calls to Mike Huckabee, breathing and staying silent on the phone, then hangs up in a 1.77 million dollar house in Belmont, Mass.
  • John McCain holds his AARP member meetings at his luxurious Phoenix condo worth 4.72 million dollars.
  • Mike Huckabee writes his one-liners in his “modest” $540,000 house in North Little Rock, Arkansas.

The two that surprised me the most were Barack Obama and Mitt Romney. Obama’s book deals must have landed him some serious cash, because I think his net worth was less than the value of his house. Romney’s net worth is about a quarter of a billion dollars, and yet he lives in a pretty modest house compared to what most people with $300 billion dollars laying around would own. He may have multiple residences, but I thought it was cool that he didn’t live on some gaudy $10 million dollar estate. Also, it really shows that you can’t buy the White House when Huckabee has been doing almost as well as Romney in the primaries. Huckabee is probably the only one still in the race that can actually claim that he understands the average American, because even though living in a $540,000 house isn’t too average, it’s as close as you’re going to get to a man who is not overcome by so much wealth and uppity values. Oh and by the way, John Edwards probably has the most expensive property of all, and he was always campaigning to be so in touch with the middle class. Yeah, that private 15,000 square foot recreational building on your property really does keep you in touch with the average American. Again, I think it’s great that many of the presidential nominees have had financial success, and I would be weary of a presidential candidate that had nothing, trying to run our economy. I’m the biggest capitalist you’ll ever meet. But, please don’t act like you feel empathy for the lower middle class when you travel in private jets and eat chef-prepared meals every day.

Take it for what you will, I just thought that I would pass this along to you all for the entertainment value. Give me your thoughts on their houses. Did any of it surprise you?

Erik Folgate
Erik and his wife, Lindzee, live in Orlando, Florida with a baby boy on the way. Erik works as an account manager for a marketing company, and considers counseling friends, family and the readers of Money Crashers his personal ministry to others. Erik became passionate about personal finance and helping others make wise financial decisions after racking up over $20k in credit card and student loan debt within the first two years of college. Another one of Erik's projects is the site, Stuff We Google.

Learn more - including co-founders Andrew Schrage and Gyutae Park.

Related Articles

Comments

  • Minimum Wage

    WTF??? What’s with the negative attitude toward those who have nothing?

  • hank

    FWIW, a 500k home in Little Rock has far more value than any of the other homes in the pricier NE or Chicago area.

    The McCain condo is just insanity though.

  • Jacquelyn Hart-McCoy

    MW: If a candidate did not manage his/her own life well enough to have some financial success wouldn’t it make you wonder how he would run the country?

  • Rich Schmidt

    You’re right that there are 5 primary candidates running… but Mitt Romney isn’t one of them anymore, and Ron Paul still is.

    It’s a shame that Yahoo! Finance didn’t include the candidate who lives the closest thing to a normal life of any in the bunch.

  • Jacquelyn Hart-McCoy

    RS: I was wondering about that too.

  • author

    RS:last time I checked, Romney was second in the delegate count, and Ron Paul has about 14 delegate votes. If you’re talking about Paul running independent for president, then that’s a different story.

    Jacqui, thanks for explaining to MW what I meant.

    $540,000 in Little Rock still isn’t a mansion.

  • Minimum Wage

    >i>MW: If a candidate did not manage his/her own life well enough to have some financial success wouldn’t it make you wonder how he would run the country?

    I would look at the facts and evaluate them. I never did drugs or crime, and I cannot think of any bad financial decisons in my past.

  • Minimum Wage

    Yes, $500K in Little Rock sounds like a McMansion.

  • author

    MW, you have a point. It’s not necessary for someone to be rich to lead our country, but the simple lack of experience with being able to manage a significant amount of money would not make you a qualified candidate for a position such as a governor, president, or prominent congressman.

  • http://roseannstreasures.com John J

    As long as they don’t rip the people off good for them. Just wish I had there investment tips.

Links monetized by VigLink
Close