[user104658]

Originally Posted by kirklancaster

Genuine thanks for this T.S. - it HAS informed and educated me, and I will use that link to learn more.

I could not agree more about a permanently State Owned MASSIVE portfolio of Social Housing properties, but I strongly suspect that the reason no Government has implemented such a scheme is that it will stop that 'money rinsing' scam which I wrote about on another thread - that where taxpayers hard-earned money is 'funneled' into the greedy grubby little hands of the really wealthy land-owning and powerful corporate landlords via over inflated rents for substandard cramped hovels.

Anyway, thanks T.S.

I'm glad it helps, I spent far too long writing it .

The main landlord set-up around here that I have issue with, is actually the "one house" landlords. Basically people who were council tenants back during the sell-off, bought their council owned property for peanuts, and now rent that property out at a higher rate on short term contracts, to people who desperately want a permanent home outside of the private sector, and use the money to pay their own mortgage on a better house . Then once their mortgage is paid off, they sell the rental property for 5x what they bought it for (most likely to a bigger landlord / company, as families are priced out even here). And it's entirely down to "right place, right time". I mean being honest, I would have done exactly the same thing given the chance, of course... I don't blame original residents for exploiting it, I blame the flawed logic that allowed it to happen in the first place.