For a former president who prided himself all throughout his time in the White House on his socialist-esque beliefs and denouncement of “excessive wealth”, this sure is a hypocritical move.
But, what’s new for the Democrats?
The Obamas are now set to purchase Martha’s Vineyard – a beachfront estate off the coast of Massachusetts that lists at a whopping $14,850,000.
In my book, that’s definitely “excessive!”
Now is the perfect time to flashback to this moment:
"I do think at a certain point you've made enough money."
I guess Obama's made enough money, now!
Check out these awesome witty tweets made in reply to the news of Obama's hypocritical purchase:
Here's more from The Daily Mail:
Barack and Michelle Obama are reportedly trying to buy a sprawling estate in Martha's Vineyard from Boston Celtics owner Wyc Grousbeck.
The home is on the market for $14.85 million, and features seven-bedrooms and nine bathrooms inside the 7000sqft main residence.
Outside the main house, there's 29 beachfront acres, a pool, chef's kitchen, outdoor fireplace, and two guest wings.
Grousbeck had the property on the market for four years, first listing it in 2015 for $22.5 million.
Clearly enjoying life after the White House, the former President and First Lady rented out the home from the NBA side's owner, for the summer and loved it so much they made an offer to buy it, but they haven't paid the full asking price, according to TMZ.
In 2017, the price was cut back to $16,250,00, and again to the current asking price, according to realtor.com.
But not a done deal yet, as the estate, which features a private beach, is in escrow.
TMZ also said:
Multiple island sources tell us the Obamas are in escrow for the estate owned by Boston Celtics owner, Wyc Grousbeck. The former Prez and First Lady have been renting the house this summer and loved it so much, we've learned they made an offer. The property is listed at $14,850,000. Our sources say they're paying less, but we don't know how much.
The estate -- incredible. It's 29 beachfront acres. The main residence is just shy of 6,900 square feet. It has 7 bedrooms, so Sasha and Malia have a place to crash, along with several of their friends. It has the obligatory pool, an outdoor fireplace, a chef's kitchen, vaulted ceilings and 2 guest wings. It has incredible views, especially while soaking in the second-floor balcony Jacuzzi.
The beachfront is private ... and comes with a boathouse.