The weasel words are "rights of those currently living in social housing". Future tenants will not have security of tenure and, like the American 'projects', may well be asked to leave when their income reaches a certain level. Into the private rented sector no doubt, adding to the impetus being given by all three political parties to creating an insecure, servile rentier society. This is an appalling proposal but I expect the LibDems to back down after 'seeing all the facts' (and there to be not a squeak in protest from a Milliband led New Labour Party). And don't foget that the leader of the LibDems believes that welfare (and housing - for me anyway - is the fourth pillar of the welfare state) isn't there "to mitigate the effects of being poor", its "an engine of mobility". Only a public school educated, silver spoon stuffed parasite, born to wealth and privelege (and who incidentally has only ever worked in the public sector, albeit mainly in Europe) would believe such a thing. So the LibDem conference motion is little more than crocodile tears.
The only people who rent and are able to feel that they belong, to commit to their homes and communities, are those in social housing. If you are renting privately or on an insecure tenancy, why invest in your home (e.g. decorating), your garden (e.g. plants), your community (e.g. joining local groups, getting involved in neighbourhood life) when at the whim of your landlord you can be forced to move every six months. Simply paying the rent to a private landlord (or a newly emboldened de-regulated social sector managed increasingly by City-wannabees) isn't enough to guarantee a long time in your home. Unlike for example Germany, where a rented home is as secure as buying one as long as you pay the rent (or mortgage ofcourse if you opt to buy).
We all perhaps need to accept that no longer will even lip service be paid to creating stable, cohesive, prosperous communities by our new ConDem rulers. If your are poor, or low waged, then the message is clear: "Tough - and just to make sure you understand that, we'll make it all a little tougher for you".