Bernie Sanders proved capitalism is alive and well when he paid a whopping $600,000 for a lakefront home in Vermont this week.

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The former presidential nominee purchased a spacious, four-bedroom home with 500 feet of beachfront on Lake Champlain that his family plans to use seasonally.
“We’ve traveled up to the islands many times over the years — almost always on day trips,” Jane Sanders said in a statement.
“We’ve been impressed with the North Hero community, eaten at the North Hero House and Shore Acres and have suggested them to friends who were looking for a beautiful place to stay or have dinner. St. Anne’s Shrine in Isle La Motte is my favorite church and it is nearby.”

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“The entire family is very excited about it.” (RELATED: You Too Can Live Like Chelsea Clinton For A Mere $6 Million)

(Photo: Getty Images)
Along with their family home in Burlington, Vt., and row house on Capitol Hill in Washington, D.C., this makes the Sanders’s third property. (RELATED: The Swanky DC Mansion Where The Obamas Are Living Next)