Barack and Michelle Obama have reportedly put in their bid to live in the lap of luxury with the purchase of an expansive Martha's Vineyard estate. They have been renting this spot for the summer, and reports are that they love the spot. Sources say that The Obamas made an offer, but it is much less than what the listed asking price is.
The former president, who once scolded Wall Street executives by saying, "I do think at a certain point you've made enough money", is potentially suffering from wealth anxiety, which could explain why he has chose to give so much money to such a worthy cause.
In fact, the Obamas had been renting Grousbeck's home - a seven-bedroom, eight-and-a-half bathroom estate spanning almost 7,000 square feet on more than 29 acres, according to a listing - during their vacation to the MA island this summer. The master suite features its own private sundeck and fireplace. And in case the Obamas are thinking of shacking up on the Vineyard all year long, there's a hot tub on a second floor balcony, too. The Obamas paid $8.1 million for the nine-bedroom mansion.
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