In 2017 Joe Biden bought a $2.7 million vacation home in Rehoboth Beach, Delaware. Courtesy of Google MapsJust a 10-minute walk from the Atlantic Ocean, nestled on a quiet, wooded street in Rehoboth Beach, Delaware, sits a four-story escape that blends in with the other multimillion-dollar properties in the neighborhood. In the last four months, houses in Rehoboth Beach have sold for roughly 15% more than their pre-Covid rates. President Joe Biden and his wife Jill Biden take a bike ride through Cape Henlopen State Park on November 14, 2020, which is near his vacation home in Rehoboth Beach, Delaware. Houses in Rehoboth Beach are now selling about twice as fast as they did before Covid.

Source: Forbes March 15, 2021 15:22 UTC