Sanders buys $600K summer home

[ericson00]

http://thehill.com/blogs/blog-briefing-room/news/290887-sanders-buys-nearly-600k-summer-home

Sen. Bernie Sanders (I-Vt.) has purchased a nearly $600,000 summer retreat on Vermont’s Champlain Islands, the Vermont newspaper Seven Days reported Monday.

“We’ve traveled up to the islands many times over the years — almost always on day trips,” Jane Sanders, the former White House contender's wife, said in a statement. "The entire family is very excited about it.”


“We’ve always been impressed with the North Hero community, eaten at the North Hero House and Shore Acres and have suggested them to friends who were looking for a beautiful place to stay or have dinner. St. Anne’s Shrine in Isle La Motte is my favorite church and it is nearby.”
The Sanders’ new waterfront home has four bedrooms and 500 feet of Lake Champlain beachfront, Seven Days reported.

Congratulations to the Sanders family! May they enjoy their additional home in good health!

[TexasTowelie]

1. Isn't this the fifth home they own?

[SMC22307]

2. Tiny place on Capitol Hill and modest home in Vermont...

thought it was just two? Up until the summer place, that is.

[TexasTowelie]

3. You're correct.

Apparently the Sanders sold a condo that they owned earlier.

[George II]

23. The recent sale was for a summer home in Maine, certainly not for $600,000.

[Laura PourMeADrink]

33. :)

[cali]

5. oh for pity's sake: a non-descript middle class home in a not fashionable Burlington neighborhood

a 900 sq foot condo in DC

and the place this just bought after they sold a lake house in Maine that Jane had inherited from her parents.

[LanternWaste]

26. That was a clever shot...

That was a clever shot, regardless of any alleged sincerity the question may or many not contain...

[ericson00]

32. c'mon, thats nothing!

who couldn't use more homes?!

[cali]

4. It's called camp. (Vermonters call almost all lake houses camps)

Here's a place in that price range.



http://lakechamplainrealestate.com/listing/4488563/1028-holiday-point-road-north-hero-vt-05474/

Here's his house in Burlington, valued at $320,000:




The condo he owns in D.C. is slightly less than 900 sq feet.

They sold a lake house in Maine that Jane had inherited from her parents in order to buy the North Hero place.

[TexasTowelie]

11. Why are you stating that the Burlington home is valued at $320K when the graphic shows that he

bought it at $405,000? After adding the new camp for $600K, the condo in DC, another piece of property in Burlington that generates rental income it appears that Sanders has over $1 million in property assets alone. He does owe some money for the mortgages on those properties which reduces his net worth, but I think he has done quite well for himself. Considering that the largest apartment that I rented as an adult only had 680 square feet, from my perspective I don't consider the purchase of lakefront property with 500 feet of shoreline a "modest" acquisition.

I would feel privileged to own any of those homes that you included in the photos or even a 900 square feet condo considering that I'm sharing a 600 square foot apartment with my brother currently and the dining room has most of my possessions stacked in plastic bins up to 4 feet high along with my bicycle, the cat litter box and other pet supplies. At one point in his life Bernie may have lived in the same economic strata that I live in currently, but that was decades ago.

Good for Bernie that he doesn't have to live in poverty, but it is equally notable to also recognize that Bernie is in the upper economic class by almost everybody's definition.

[whatthehey]

20. Neither are you a US Senator making well into 6 figures married to another professional

Sanders is far from wealthy by Senate standards but he's never claimed to be poor right now. As long as he is spending his own money honestly accumulated, it's bugger all to do with us really.

[nolabear]

6. Leave it alone.

[ForgoTheConsequence]

7. $600,000?

That will only get you twelve weeks at Hillary's favorite vacation spot.

http://time.com/money/4002916/hillary-clinton-vacation-rental/

[roamer65]

8. I hope he enjoys his summers up there.

Looks like beautiful country up there and he's probably real close to retiring. I'm sure they will sell the DC condo when he does retire.

[UMTerp01]

9. Good for him

Looks like a very tranquil setting.

[StraightRazor]

10. ...

[Nye Bevan]

12. The Kennedys also summered in an impressive compound.

I really have no problem with the Sanders' portfolio of real estate.

[cali]

14. Lol. Silly comparison

[Warren DeMontague]

13. what can 600K buy you in midtown manhattan?

a hat?

[Zing Zing Zingbah]

15. I suspect VT is a lot like ME for prices (probably VT a little bit more expensive)

In ME you can get a wicked sweet house/property for $300,000. $600,000 is something like a mansion (something most Mainers would consider to be a mansion) or ocean front property. I'm not complaining about Bernie having money and buying a house though. Just stating you can get more for your money in some places versus others.

[Warren DeMontague]

16. yeah, I don't really understand the desire to continue to take shots at Bernie.

it's fuckin' weird, it is. What's that song the Disney Princess sings? "let it go"?



But yeah, I hear it. 600K is a lot of house in most places in this country, I think. But NYC or the Bay Area it's nothin'.

[Eleanors38]

22. Umm, maybe they want the presidential race to be close?

[George II]

24. Average home price in North Hero VT is $221,000

[LWolf]

17. That's worth

3 of Hillary's speeches!

Quite modest in comparison to the Clinton's $2.3 mil home in NY or $5.76 mil home in D.C.

[GummyBearz]

18. Damn Hillary must be super jealous

She will have to talk for AT LEAST 6 hours to buy one of her one. Though she seems to prefer spending about that much money every year to rent a place for a few months. To each their own.

[Yavin4]

19. Bernie really screwed his fellow Vermonters on this.

$600K for a summer home is dirt cheap to rich, asshole NYers who will descend on that town like Old Testament locusts.

if you doubt me, watch the movie, "What about Bob?" which takes place in N.H.

[La Lioness Priyanka]

25. rich asshole nyers don't want to travel all the way to vermont to buy a summer home

it's why they have the hamptons

maybe some middle income nyers.

[Yavin4]

28. Like I said, watch the movie "What about Bob?"

Richard Dreyfuss plays a rich asshole who buys a summer home in N.H.

[La Lioness Priyanka]

29. i love that movie, but from my personal knowledge of rich asshole ny'ers

most want their weekend homes to be closer to them than VT

[cali]

30. Actually, there are quite a few very wealthy New Yorkers who summer in Vermont

on estates worth millions.

http://www.sothebysrealty.com/eng/sales/vt-usa



And many wealthy New Yorkers and CT residents own homes in the Stowe area.


Nothing particularly new about this:

https://en.wikipedia.org/wiki/Eliza_Osgood_Vanderbilt_Webb

[George II]

21. Old Towne Media

[onecent]

27. That new house is awesome...You deserve this Sen. Sanders and your wife!

[tonyt53]

31. Hell, I didn't support the guy, but give this nonsense a break. Between his Senator wages

for life and whatever else he has, he can cover that easily. Leave him alone about the damned house.