vacation home

Heidi Cruz — the wife of Senator Ted Cruz (R-Texas) recently lamented that the couple doesn’t make enough money to buy a vacation home.

The comment came at the tail-end of a mostly positive profile of Heidi Cruz done by The Atlantic. The piece largely revolved around her struggles to reconcile her own career ambitions with the sacrifices political spouses are often required to make.

“Six to seven years in it, with me being the primary breadwinner—it’s like, ‘Uh, yeah, this is when people say thank you. I’ll now take that appreciation.’” Heidi Cruz told the Atlantic’s Elana Plott over a glass of afternoon champagne in her “palatial” home in Houston’s River Oaks neighborhood, which was ranked as the 7th richest neighborhood in the U.S. in 2011 and is located in what is currently the 15th richest ZIP code in the South.

“We’re seven years into this, and we’re not buying a second home anytime soon,” she added.

The article ended with Mrs. Cruz insisting to give Plott a tour of her extensively decorated white brick home. According to real estate site Zillow, the 4,276 square-foot home is valued at $1.55 million. Apartments at the Newseum residences, where the Cruzes live when they’re in Washington, DC, rent for anywhere from $1,968/month for a studio to $5,293 for a two-bedroom unit.

vacation home
Ted and Heidi Cruz’s five-bedroom home in Houston, Texas’ exclusive River Oaks neighborhood (Image: Google Maps)
vacation home
View from an apartment for rent at the Newseum Residences, where Ted and Heidi Cruz live when they’re in Washington, DC (Image: Zillow)

The salary for a U.S. senator is $174,000 a year, and Ted Cruz’s net worth is nearly $3.8 million. The total compensation for Heidi Cruz’s position as a Goldman Sachs Managing Director comes out to about $600,000 per year, including bonuses and stocks. This means the two could easily put a 20 percent down payment on a million-dollar vacation home with just one-third of Heidi Cruz’s salary alone.

Sen. Cruz has been maintaining a slim lead over a surprisingly competitive reelection campaign against Rep. Beto O’Rourke (D-Texas), in what has become the most high profile (and expensive) political race of the year. O’Rourke has made income inequality a central tenet of his campaign, which has refused all corporate donations. Despite that, his campaign raised $38 million in the last quarter. However, like Cruz, O’Rourke also does not have a vacation home.

Cruz has attempted to appeal to poorer voters with the repeated talking point that “the biggest lie in American politics is that the Republicans are the party of the rich.” A point that has ringed hollow given his long history of supporting tax cuts for the wealthy and unsuccessfully pushing to make it even harder for working class Americans to get food stamps.

 

Nathan Wellman is a Grit Post contributing editor in Los Angeles. Follow him on Twitter: @LIGHTNINGWOW. You can also email him at info AT gritpost DOT com.

Comments

  1. Sorry for the rant but I feel the need this morning…
    Try having them live on $16/hour with no pay for teacher day(s) off or vacations or holidays, may the good Lord help them if the car or furnace breaks down. What then? ….ahhh, the life he would have!..He might see how stressful it really is to live in this day and age. I’m better off than a lot of people – roof, food, clothes etc, however, just once I’d like ALL SENATORS, REPRESENTATIVES, PRESIDENT etc live the way “normal, everyday Americans” live.

  2. I should have also said, to my previous post, that many Americans are also depressed, anxious, obese; suffer from PTSD, are suicidal etc….What then? Senator Cruz, you have no idea what the American population is going through!!

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