If the unregulated private landlords were paid the same as the regulated private landlords in HB then at a stroke £2.6 billion is taken off the yearly HB bill.
Regulated private landlords still make a profit and so much of the unregulated PRS is a highly profitable gravy train taking advantage of the public purse and directly because of the lack of supply of social rented housing. That latter point is important as it shows that blame for this is not limited to current Coalition and in fact more the fault of previous governments - hence it is not political but an economic point.
Also note if the above wasnt the case can anyone say why over 1m new private sector rented properties have come on to the market in the last 5 years as the English Housing Survey notes? No business enters a market in such huge numbers unless there is significant levels of profit to be made.
Yet today in the Housing Strategy we see more regulation of social landlords and a denial of any need to regulate the PRS. That is a definitive political point as it is made by the Coalition from political ideology and nothing else.
Bad landlords do give good ones a bad name yes and ordinarily risk to reputation is one of the biggest if not the biggest risk to an organisation. Yet when demand massively outweighs supply it becomes less so.