Well, you can blame Obama for a lot of things (if you have amnesia), but property values isn’t one of them. This has to be the first time a Black person has moved into the neighborhood and the property value actually went up.
Zillow.com is one of the top sites to go to if you’re a homeowner, buyer, seller, real estate agent, etc and you need information about real estate and its value. They thought it would be interesting to see how they could build info to put together the best case scenario on the property value for the White House. They probably thought the property value of the White House would be much different.
Anyone would think the punch line would be, “Because President Obama moved in!” But, nope! George Bush, in his last year in office took the White House property value down roughly seven percent, whereas, President Obama raised the property value approximately two percent. Now the property value is down roughly 5% since he took office in January 2009. Interesting to say the least.
That’s right! I said it! It’s the truth and you know it. When have you ever heard of anyone testing to see how much the White House is worth? It’s all in fun though. Check here to see all of the other interesting facts that came out of it.