US President Bush Buys Home in One of Texas Wealthiest Neighborhoods

World | December 5, 2008, Friday // 00:00| Views: | Comments: 30
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US President George Bush and first lady Laura Bush have purchased a new home in one of the wealthiest Dallas, Texas neighborhoods, world information agencies reported citing Laura Bush's press secretary, Sally McDonough.

The Bushes' new home is located in the Preston Hollow area, which is known for some of the most expensive houses in the entire state, and the place where Texas's wealthiest people live.

The White House has declined to offer more details at this time, but local property records indicate that a real estate broker, who has done accounting work for the Bush family, recently bought a house in an affluent Dallas area with a market value estimated at USD 2.1 M .

The Bushes lived in Dallas, before moving to the Texas governor's mansion in Austin, Texas.
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» To the forumComments (30)
#30
just me - 6 Dec 2008 // 19:14:27

Hi resip,
That's Southern Methodist University near Highland Park. Laura Bush went there, and she has an honorary walkway near the library. Beautiful place and excellent school, for sure! Southwestern is somewhere else you might have been... maybe Georgetown, TX?
jm

#29
resipsaloquitur - 6 Dec 2008 // 17:07:50

FIGMENT,

you do not mean the University of Texas at Dallas,do you?

Close to Highland Park is the SOUTHWESTERN UNIVERSITY,which has one of the best Law School in USA.

I never applied because the tuition is very high...it is a private University.

Preston Hollow is NOT very far from Downtown...even by bus is it about half an hour.

I liked very much the Turtle Creek area but since I lived in California I do not like to live in highrise buildings. Afraid of earthquakes.

#28
resipsaloquitur - 6 Dec 2008 // 17:01:00

Sorry,i made a mistake yesterday...Preston Hollow is the area between
Preston Rd. on the East, Northwest HWy on the North and Midway Rd.on the West site.

I have been driving thousand times on Midway Rd. all the way from Farmers

Branch,where I lived the last time,in 2005 but the huuuuuuuuuuuuuuuuuuuge

houses are hidden in the forest,therefore you barely notice them.

Anyway I liked more the Highland Park Village and i am sure JustMe will asure that this is the wealthiest area of Dallas.

#27
just me - 5 Dec 2008 // 23:54:54

countryhick,
LMAO, or as I always say, hehehehehehe
With your lead, I have been led from lead.

#26
FIGMENT - 5 Dec 2008 // 23:43:14

Hick,

Here is the picture of where Bush will live:

http://activerain.com/blogsview/820241/President-and-Mrs-Bushs-Next-Home

#25
countryhick - 5 Dec 2008 // 23:39:06

FIGMENT
Is it a state secret where Bush will live? I just want to see the picture...

#24
#23
countryhick - 5 Dec 2008 // 23:26:57

Who cares where he lives? Only the jealous, or the nosy (Or Bin Laden)
That will flag security LMAO

#22
countryhick - 5 Dec 2008 // 23:23:53

JUST ME
It's proven that lead causes brain damage. ;)
Then follow my lead and use lead free petrol. LMAO

#21
countryhick - 5 Dec 2008 // 23:18:52

FIGMENT
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#20
just me - 5 Dec 2008 // 22:52:51

bo,
I don't doubt it. For a while I was sort of researching real estate in Sofia, and I saw that there were several really posh areas with outrageously opulent houses and lots and lots of nice apartments available. Prices have really increased, and it sounds like you have a very wide range of prices there as well.
jm

#19
just me - 5 Dec 2008 // 22:47:41

Bill,
HEHEHE "We even played with toys which had sharp corners! We sucked the paint off of wooden toys, and nobody got sick." Well, you wouldn't necessarily get SICK, per se, but obviously you experienced some dulling of your intellectual capabilities. It's proven that lead causes brain damage. ;)

I mentioned Dallas, however, and I maintain that you could still get a nice house on a decent street for less than $100,000 there. Dallas had its own housing boom back in the 70's and 80's when there was a huge influx of midwesterners. They couldn't keep up with the demand for moderate houses like you described. Since that's not the current trend, you can buy them relatively inexpensively today. The neighborhoods like that have become much more diverse than you remember, but they're still safe. You wouldn't get the BEST schools or the BEST anything, but you'd be OK.

People still want the kind of childhood you described for their children, it's just much more difficult to achieve today. There's a lot more crime in those modest areas than there used to be, so you have to spend a lot more to have security and comfort these days. Not to mention good schools, parks, etc.

Have a nice evening.
jm

#18
buachaill bo - 5 Dec 2008 // 22:00:24

Just Me,
Seriosno this time last year i was in a house near Veliko Turnovo that they were selling for half a million euro and that was the price with the adjoining properties.

#17
just me - 5 Dec 2008 // 21:38:51

FIG,
That's classic Preston Hollow, right down to the high ceilings, smallish rooms, old parquet floors, etc. Nice master bath, eh? There are a lot of homes like that in PH/north Dallas-- very modest facade, but they go on forever once you get inside. The location is key-- it wouldn't be half the price if it were in Garland or Grand Prairie or someplace like that (where Bill's $100k frame house might be.)

Have you spent time in Dallas?
jm

#16
Bill - 5 Dec 2008 // 21:32:14

jm:

"that $100,000 frame house with decent heating on a street with almost sort of relatively normal neighbors "

You folks are talking luxurious palaces. I'm talking a frame house, some thirty-sixty years old, more of a home than a house. Not interested in "keeping up with the Jonses" or competing with the neighbors for who makes the best Christmas decorations on the block, etc. You know, just a home. I'm old enough ti remember when dogs did their business in their own back yards, and nobody was concerned about environmental issues, and the air was cleaner then than now. Your kids could romp in the raked-up leaves before you burned them. Now you aren't allowed to burn them. Phooey.

We even played with toys which had sharp corners! We sucked the paint off of wooden toys, and nobody got sick. We had story books which were good teachers of morals, but now they're not "politically correct". (Tales of Uncle Remus is a good example of that!) OK, so I'm an old fossil in you folks' opinion, but by darn we had a lot more fun.

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