Posts Tagged: Reagan crowd

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How Reagan saved the Watergate

A view of the Watergate complex in Washington, D.C.

Watergate sellers started raising prices on their apartments within days of the election. A two-bedroom duplex that had been on the market for nearly a year at $325,000 was relisted at $350,000. The owner of a one-bedroom apartment put his unit up for sale five days after the election at $300,000. “That’s about $100,000 more than one-bedrooms sell for,” scoffed a real estate agent. “He’s just trying to make a killing.”

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