The Biggest Political Mansions Around

More

Mitt Romney, the richest man in the 2012 presidential race, reminded us of politicians' Scrooge McDuckish qualities last week after it was revealed he planned to quadruple the size of his $12 million oceanfront mansion in La Jolla, Calif. He says he'll merely double it, but either way. Romney isn't the only politician to make news with an expensive home-construction project this year. Just a few months ago, news broke that former Arkansas governor Mike Huckabee is building a $3 million beach house in Florida.

However they got it, a lot of politicians have money. Sometimes it's a job perk, culled from astronomical speaking fees and lobbying contracts; more often, for the wealthiest among them, business success or lucky marriages left them swimming in cash.

And many of them enjoy the comfortable living arrangements allowed by such fortunes. Nothing against that, but given that 26 percent of homeowners believe they are underwater, the opulence of wealthy politicians stands in stark contrast to the mortgage problems facing much of the country. Here's proof:

Jump to comments
Presented by

Chris Good is a political reporter for ABC News. He was previously an associate editor at The Atlantic and a reporter for The Hill.

Get Today's Top Stories in Your Inbox (preview)

A Technicolor Time-Lapse of Alaska's Northern Lights

The beauty of aurora borealis, as seen from America's last frontier


Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

What Do You Wish You Learned in College?

Ivy League academics reveal their undergrad regrets

Video

Famous Movies, Reimagined

From Apocalypse Now to The Lord of the Rings, this clever video puts a new spin on Hollywood's greatest hits.

Video

What Is a City?

Cities are like nothing else on Earth.

Video

CrossFit Versus Yoga: Choose a Side

How a workout becomes a social identity

Video

In Online Dating, Everyone's a Little Bit Racist

The co-founder of OKCupid shares findings from his analysis of millions of users' data.

Writers

Up
Down

More in Politics

Just In