Sunday, March 01, 2009

MP's Second Homes

Why are we, the General Public, paying to provide MP's with second homes in London?

Why not build a 700 room apartment block near the Palace of Westminster. There are currently around 650 MP's, they could have one room each. This then would remove this wasteful system of buying each of them a new second home in London every time we have an election and a change of the membership.

Additional Benefits

Apart from the obvious security benefits that would come from accommodating them in one place like they have already done with the MP's new offices at Portcullis House. This would be a significant building project in the city that would perhaps help stimulate the economy of the borough in which it is built. It would also release the hundreds of houses and apartments in London back into the market place that they occupy at the moment.

One remaining question!

Until the recent collapse of house prices I wonder where the capital gain profit made from the sale of an MP's second home went in the past when they finally left parliament. With many MP's being members for many years there must have been a significant profit made on the difference that the second home was purchased for against the price for which it was ultimately sold. What happened to this money?

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