How Covid Helped Boost The Value Of Joe Biden’s Beach House By $700,000

Plus: How Covid Helped Boost The Value Of Joe Biden’s Beach House By $700,000

The coronavirus pandemic has been a boon to second home owners everywhere, including Joe and Jill Biden. The couple’s $2.7 million, 4,200 square foot home in Rehoboth Beach, Delaware, has appreciated by an estimated $700,000 during the pandemic. Biden’s real estate windfall caps a particularly lucrative five years for the president; since the end of his term as vice president in 2016, he has earned the vast majority of his $9 million fortune.

Dan Alexander

Senior Editor, Money & Politics

Deniz Çam

Reporter, Wealth

Christian Kreznar

Assistant Editor

How Covid Helped Boost The Value Of Joe Biden’s Beach House By $700,000

Real estate values in Rehoboth Beach, Delaware were improving before the pandemic, but like a lot of vacation spots around the country, they surged since the country entered lockdown.

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