GOP Candidates Look to Trade These Homes for White House

Mitt Romney

The former Massachusetts governor is hoping that his 2008 failure to secure the GOP nomination will turn into a presidential election win in 2012. He’s running as a non-politician, calling himself a businessman who can turn the wheels of the U.S. economy. As the wealthiest of the candidates with an estimated net worth between $190 million and $250 million, it’s clear Romney knows how to spur his own economic recovery.

Out of the slew of GOP candidates, Romney also owns the most real estate, although he has downsized in the last few years. He currently owns a townhouse in Boston, as well as a beachfront home in La Jolla, which he bought in 2008 for $12 million. Romney applied for a permit to expand his beachfront La Jolla home in 2011 and will reportedly begin construction when his presidential campaign is finished.