According to Walz’s most recent financial disclosure, he owns no stocks, bonds or real estate.

As reported by NBC News, Walz and his wife, Gwen, sold their Mankato, Minnesota home and moved into the governor’s mansion in 2019, after he was elected. They listed their former home for $315,000—more than twice what they paid for it in 1997 ($145,000).

As for why Walz and his wife didn’t hold onto their four-bedroom Mankato home as a rental property, his busy schedule as governor likely played a role, as well as the physical distance between Mankato and St. Paul.

The fact that he hasn’t owned a home since 2019 (purchased nearly 20 years before) is only significant in that he has no recent experience making a home purchase. Neither does he have experience as a landlord.

Those details don’t say much about his ability to lead. But they could meaningfully influence his housing policy.

According to The Real Deal, Vice President Harris and her husband, Doug Emhoff, own a 3,500 home in Los Angeles that Emhoff bought in 2012. Harris also previously owned a condo in San Francisco (purchased in 2004) and another in D.C. (purchased in 2017). She sold both in 2021.

Peace be with you

Updated: Boston Real Estate Blog 2024

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