The Price of White House Lessened

@bhanusb (5709)
India
January 24, 2010 12:49am CST
By the recession of economy,the influence of fall down of prices of housing and real estate has also struck on White House. With the general plots and flats this magnificent building's price also fells down. In 1972 by the design of an Irish architect the 55 thousand squire feet house of the US President was built on 18 acres of land. The price of the President's residence has been fallen by 5.1 percent. Approximately $308000000 valued in 2009, now the price of this Residence come down to $292500000. But I think this is only academic matter. General people have no concern about the price of the residence of the President.
1 response
@savypat (20246)
• United States
24 Jan 10
I don't know how this value was obtained. Usually a value is when a willing buyer and a willing seller agree. Why this would be an issue I cannot imagine.