Originally Posted by mickb2112
If the Housing Benefit bill is £24billion then surely the best way to tackle this is NOT by cutting benefit entitlement but reintroducing rent control.
Keep rents down and there`s less to pay in benefits. All housing benefit does is distort the market and lead to ever increasing unaffordable rents and and a spiraling benefit bill while subsidising private landlords.
Cap rents and the drain of the public purse will fall.
I agree, it's a shame the thousands of buy to let landlords will probably default on their mortgages and a housing crash started if it was ever implemented though.
And as an aside thousands of families would be made homeless after the banks/building societies seized the houses back.