The Obamas Purchase Their Rental Mansion For $8.1m In Washington DC

The Obamas Purchase Their Rental Mansion For $8.1m In Washington DC

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Barrack Obama and his ever Lovely Wife, Michelle Obama have recently just purchased a mansion in DC for a sum of $8.1m.

The Mansion was previously where they lived on rent at Kolorama area of DC, and they chose to purchase it for themselves to become proud Landlords.

The Family disclosed that they planned to continue stay in Washington as Private citizens for a period of two years; that is until their youngest daughter Sasha rounds up high school.

The family spokesman said: “Given that President and Mrs. Obama will be in Washington for at least another two and a half years, it made sense for them to buy a home rather than continuing to rent property,” .

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