Romney feeling the pinch?

Much speculation about this new real estate listing. Did he lose money in the downturn? Maybe he wants to downsize to avoid a McCain style media scruntiny on his RE holdings if he tries again in 2012? Perhaps he wants to disassociate himself with his Mormon roots? Who knows? Whatever the reason, Mitt Romney's cabin for sale.

The "cabin" in Deer Valley, Utah, which overlooks a reservoir and mountains, comes fully furnished with custom-made light fixtures, specially sculpted fireplace screens, and eight full bathrooms. Called the "perfect retreat," it is 9,500 square feet on 11 acres. The asking price: $5,250,000.

He's also selling his mansion in Massachusetts but not to worry. The Romneys won't be homeless. "[A]fter Romney suspended his bid for president last year, he paid $12 million for an oceanfront home in La Jolla, Calif." And he still has the $10 million estate on Lake Winnipesaukee. Rumor has it his dog is hoping they don't plan on driving between the two estates. [Via buzzflash]

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