Inauguration Rental Prices Reach $10,000

Locals willing to rent their houses list exorbitant prices online.

While a significantly lower number of people (according to a WJLA report) are expected to visit Washington, DC, for President Obama's second inauguration on Jan. 21, hundreds of local residents have offered their houses, apartments and condos for rent, with some rentals priced as high as $10,000 for a rental starting Friday, Jan. 18, and ending Tuesday, Jan. 22. Craigslist featured more than 100 inauguration listings on Thursday morning, Jan. 10. The listings were found by searching for the term "inauguration" under the "apts/housing for rent" section. One Capitol Hill resident is seeking $10,000 for a three-bedroom, two-full bath, fully-furnished 1,500-square-foot town home, with payment by cashier's check required upfront. By comparison…

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