It makes little sense to me, particularly in the current market. If you privately rent and receive housing support payment which is paid by the government (average private rental cost is example, say, now £800 compared with social rent of, say £500), the government is paying more every week towards your rental - to a private landlord. Social housing is ultimately more cost effective to the government as well as, of course, to the tenant.
See the figures below.
How true. A friend, now retired, was the maintenance manager for one of the largest private landlords in my town.
I know the eye watering amounts of money some of these landlords are earning.
As I've mentioned previously, my former husband is landlord with quite a substantial portfolio. Obviously, I am no longer privy to the details of his finances, but I do hear snippets from my children and I see the lifestyle he leads. He's a qualified graduate surveyor, but realised 20 years ago that he can make more money and do very little work from being a landlord.