Calculating the rent at the White House

The White House is pictured on January 19, 2013 in Washington D.C.

This final note today, focusing on how a growing number of Americans rent their homes. So, what if President Obama were one of them?, which chatted with the president today, did the math on the White House, valuing it at $319 million. Using an online rent calculator, a home for that price would rent for $1.8 million a month.

The Atlantic says that since Obama's worth about $7 million, he could pay that rent for about four months.

If Mitt Romney had won the election, he could stick around a lot longer. He'd have been able to rent the White House until August of 2024.

About the author

Lizzie O'Leary is the host of Marketplace Weekend.


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