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Why is it a binary choice? Why can't there be more council houses and more houses for sale?Nope. You lot are.
Ultimately, we either have a PRS that operates under free market conditions (with appropriate legislation in place to ensure properties are safe, clean and fit for purposes) or we have a PRS that has certain conditions placed on it (through legislation) to limit aspects such as rent charged, profit made etc.
You can't have it both ways.
And for those who advocate a middle ground, what exactly is the middle ground?
Neither of those options stops the private landlord being a landlord