Good idea Elegran especially with the restriction on the potential profit. It is just wrong to profiteer at the expense of other needy families deprived of reasonable housing.
Councils are among the first to be blamed though for taking the easy way out , they have passed the buck to the housing associations and nobody can deny the appalling shortage of fair rent housing. Surely it was also a source of income to local authorities?
However to put all the blame on immigration is to miss the point. And however unequal our society might be regarding who can afford to buy a house or not, that is just the way things are. What you earn, where you live and work, all play a part and ironically I suspect the onward sale of local authority housing at a huge profit is a major factor in the unavailability of affordable starter homes.
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wasn't there some sort old boy network that started them off?