1. 2012

    Romney to Quadruple Size of $12M Home

    DES MOINES, IA - AUGUST 11:  Republican presidential candidate Mitt Romney (C) introduces himself to voters at the Iowa State Fair August 11, 2011 in Des Moines, Iowa. Romney was a the fair ahead of Saturday's Iowa Straw Poll to greet voters and engage in traditional Iowa campaigning rituals.  (Photo by Chip Somodevilla/Getty Images)

    Chip Somodevilla / Getty Images

    Mitt Romney is planning to demolish his $12 million, 3,009-square-foot mansion in La Jolla, California and replace it with an 11,062-square-foot home. The current home was “inadequate” for their needs, according to a campaign spokesman: "They want to enlarge their two-bedroom home because with five married sons and 16 grandchildren it is inadequate for their needs." The Romney’s California home is one of three that they own, including a $10 million vacation home in New Hampshire. Construction will not begin on the La Jolla home until after the campaign is over.

    Read it at The Huffington Post