MPs like to go on about the wonders of austerity, but do they really mean it? A campaign group has challenged the nation's lawmakers to put their money where their mouths are – by selling up the Houses of Parliament.
According to Generation Rent, which campaigns for better rental homes, the taxpayer would save nearly £120m over a five-year parliament if it converted the Palace of Westminster into flats and moved – to Hull.
The group argued that while the average one-bed flat in London costs £1,148, the average home in Hull (which has the cheapest rent in England) is £325 per month.
Based on current numbers, 400 MPs would need to put rent on expenses. Assuming that they pay the median rent for a one-bed… that will cost the taxpayer a mere £1.56m – less than a third of the current rent bill.