Political candidates and figures are always prominent people whether people agree with their views or not. Elizabeth Warren, ex-presidential candidate for the Democrats in 2020, is a popular individual and thus it is interesting to investigate into her life a bit more, including her list of homes.
Politician and lawyer Elizabeth Warren owns two residences. One is a 3,000+ square foot home located in Cambridge, Massachusetts. The other is a condominium located in the Penn Quarter District of Washington D.C. While not quite reaching the top 1%, her and her husband are worth well-over $10 million.
To continue learning about Elizabeth Warren’s economic status and the residences it landed her, keep reading on.
Career Path to Money, Power, and Popularity
It is no surprise that Elizabeth Warren has as much money as she does and is able to have two quite pricey residences. Though she did not start out with money.
As a child she was certainly middle class. Her father did work as a maintenance man and her mother as an employee at Sears, who then had extensive medical bills to pay after the father’s heart attack.
This all changed course when Warren was 16, as she received a scholarship for George Washington University. She wound up graduating from the University of Houston with a Bachelor’s in speech pathology only to move on to get a law degree from Rutgers University.
Elizabeth Warren made money first by teaching and doing legal work. She also has been on the Massachusetts Senate since 2012 and has written books that yield her high royalties.
While most of her and her husband’s money sits in retirement funds, they also own two expensive, luxury residences that greatly add to their net worth.
Cambridge, Massachusetts
Elizabeth Warren and her husband, Bruce Mann, own a Victorian style home in Cambridge, Massachusetts. It is valued at over $3 million today, but was bought it in 1995 for less than $500 thousand.
The Cambridge, Massachusetts real estate market has been on a very high trend in the 21st century thus far. In fact, the most recent standings place Cambridge at a 90 out of 100 for most competitive market.
The home was built in 1890 and sits among a very prestigious city in the greater Boston area. It is home to both Harvard University and MIT, Massachusetts Institute of Technology.
To see a video of Elizabeth Warren campaigning in her current town of Cambridge, watch the YouTube clip below.
Penn Quarter, Washington D.C.
Besides getting her previous home for a serious discount compared to its current worth, Warren also got a condominium in Penn Quarter, Washington D.C. for a bit less than $800 thousand back in 2013. However, it is much more modest, at just below 1,500 square feet of living space.
This home seems quite practical even more so when compared to other homes in the area. It is also within walking distance or a short drive to many restaurants, landmarks, and tourist attractions.
Her location here at Penn Quarter is nothing short of ideal for her job in the Senate. The two places are only one and a half miles apart, with less than ten minutes of travel time.
Penn Quarter overlaps Chinatown and represents a portion of D.C.’s downtown area. There is also the Capital One arena and a farmer’s market.
Backlash
There was a bit of controversy and backlash during Warren’s presidential campaign in regards to her stance on income inequality. While she has revealed her tax returns, even by year, many said that it does not make total sense considering she has a home valued at over $3 million.
Overall, Elizabeth Warren certainly has made some decent investments in her life placing her nearly at the top 1%. Her homes are also both great investments, showing that she definitely has put her money to decent use.
To watch a video about Elizabeth Warren posted during her 2020 campaigning, check the video below.