By then, their eldest daughter Malia will be in college, and their youngest daughter Sasha will still be in high school as a sophomore.

“So we’ve gotta—you know we gotta make sure that she’s doin’ well… until she goes off to college,” the president said. “Sasha will have a big say in where we are.”

Both girls attend Sidwell Friends School in Northwest Washington, the same school Chelsea Clinton attended when her father Bill Clinton was president.

If the Obamas do stay in Washington and maintain a residence in the city, President Obama would be the first president to do so since Woodrow Wilson.