ABSTRACT
The PRS is a highly complex and dynamic part of the housing market, and landlords operate in this market for different reasons with subsequent effects for tenants. Whilst traditionally providing a flexible tenure, it is now a main provider for those who would have traditionally accessed social housing and is occupied by more families on lower incomes. There is regional differentiation in PRS trends, and most letting are assured shorthold tenancies. The range of regulatory interventions and discretion has also been affected by austerity and a reduced PRS workforce. The erratic PRS situation and options for intervention are further considered throughout the rest of the book.
