Washington, D.C., luxury housing has run out...a throng of rejections

Photo Source: Yonhap News

The New York Times reported that luxury houses in the U.S. capital, Washington, D.C., were sold out ahead of U.S. President-elect Donald Trump's second term in office.

The New York Times quoted a local real estate agent as saying, "It's hard to respond as the rich are flocking so much," and explained that there is a significant shortage of supply than demand.

In particular, he added that some lobbyists, as well as the wealthy who held senior positions in the second Trump administration, are seeking luxury housing.

Commerce Secretary-designate Howard Rutnick, whose assets are worth $1.5 billion and our money worth 2.2 trillion, bought a mansion worth $25 million and our money worth 36 billion last month,
Treasury Secretary nominee Scott Bessent is also reportedly considering a $7 million, $10 billion home.

The nominee Bessent also has a fortune of $700 million and more than 1 trillion won in our money.

In addition, attention is being paid to where Tesla CEO Elon Musk, the world's richest man, will be in Washington.

In this regard, local media reported that Musk is also trying to buy an entire hotel and turn it into a private club.

Among the high-ranking officials in the second Trump administration, 13 people have assets of more than 1 billion dollars and more than 1.45 trillion won in our money.

President-elect Trump's wealth is 6.8 billion dollars, and our money is 9.9 trillion won.