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Tuesday, November 11, 2008

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Rent my lovely couch for inauguration

A private home in West Virginia offered as trade

The next presidential inauguration's going to be a big one, and as such hotel rooms will be hard to come by. So some attendees are beating the rush by doing a housing swap on Craigslist. Nancy Marshall Genzer reports.

Time in this private home in West Virginia is being offered as trade for a temporary stay at a place in D.C. during Barack's Obama's presidential inauguration. (craigslist.org)

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TEXT OF STORY

Steve Chiotakis: Yeah the markets are a bit of a downer this morning, but think about the party they're expecting in DC come January. It's the typical every-four-year ritual where people descend on the nation's capitol to witness the changing of the guard. If you're mulling over a trip to see President-elect Barack Obama's inauguration, take into account, hotel rooms are scarce. And what few are left are insanely expensive.

What's a good patriot to do? Enter the free market. Washington residents are offering to rent, or even swap their houses. And they're doing a booming business on Craigslist. Marketplace's Nancy Marshall Genzer reports.


Nancy Marshall Genzer: Kathleen Cook decided to fly from Texas to Washington for the inauguration, after snagging cheap plane tickets. For lodging, she turned to Craigslist.

Kathleen Cook: I saw someone in Arlington is renting their couch -- just their couch -- for $100 a night. Haha!

So Cook decided to try a housing swap. Her family has a cabin in West Virginia. She put it up on Craigslist, offering a week at the cabin for downtown D.C. digs.

Cook: I need to find a Republican who likes the mountains and wants to be out of town.

But D.C. residents who are willing to swap houses, like Janice Pfeiffer, are picky.

Janice Pfeiffer: You know, my downtown, brand new, condo for your house -- preferably in Europe, or near a ski resort.

Pfeiffer might also bunk with her sister in Baltimore and rent our her condo for inauguration week -- for $6,000.

In Washington -- but not renting out my house -- I'm Nancy Marshall Genzer for Marketplace.

Chiotakis: Keeping that entrepreneurial spirit in mind, passes to President-elect Obama's actual swearing-in ceremony could go as high as $40,000 each. Problem is, they're supposed to be free. California Senator Dianne Feinstein says she's contacted Internet clearinghouses such as Craigslist and E-Bay to ask them not to allow sales of those tickets. She's also planning on crafting a bill that would make it a federal crime to do it.

Comments

  • Comment | Refresh

  • By Lucille Parker

    From Lahnam, MD, 11/30/2008

    I will like to rent my house out for the inaugration.Please contact me at 240-606-8865.
    2 Rooms, 4 Bathrooms
    Transpertation at front door.

    By patricia davis

    From baltimore, MD, 11/24/2008

    I will like to rent my house out for the inaugration.Plesea e-mail me with some information THANK YOU

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