New Motive for Real Estate: Political Office

Thursday, 11 July 2013 | by Pat's Picks

There’s an interesting story on the front page of the New York Times this morning about Chris Hughes, a co-founder of Facebook, and his decision to move to upstate New York in a bid to run for Congress. After purchasing a $5 million house in the town of Garrison, Hughes and his partner decided the location wasn’t right for his political ambitions and bought another, $2 million house with eyes on a different Congressional seat. Neighbors seem wary of Hughes ambitions: “How can he expect to represent people he doesn’t know?”

SOURCE: New York Times