Reports: The Obamas in Escrow on $4.25 Million, 8,200-Square-Foot Home in Exclusive Rancho Mirage

You know, because economic inequality, or something.

At the Los Angeles Times, "Are the Obamas buying a home in Rancho Mirage?"

White House says no. But real estate agent says Obamas are buyers of this Rancho Mirage home http://t.co/VmRIweVowX pic.twitter.com/tsOUSp9Dgl

— Jimmy Orr LATimes (@JimmyOrr) July 21, 2014

And at the San Bernardino Sun, "Did President Barack Obama buy a Rancho Mirage home?":

The home, a hilltop estate in Thunderbird Heights, has been on the market for about a year. Several real estate agents, speaking anonymously, said they heard secondhand that the president was looking to buy the 1993 remodeled home with seven bedrooms and eight bathrooms.

But those rumors have not yet been verified.

Just before the Fourth of July, the listing agent, Carl Blea of HOM Sotheby's, told The Desert Sun that he could not talk about the buyer's identity.

Then, last Tuesday, The Desert Sun asked The White House whether Obama bought the 3.29-acre property in Rancho Mirage. The White House would not confirm or deny the statement.

Rough life.

Amazing how the Obamas never make any pretense of adopting a lifestyle more in tune with those they claim to champion.