Tories have always lived in a weird fantasy world - totally disconnected from how people at the lower ends of society live - they have always come up with some really stupid ideas. Remember the Poll Tax? that was one of those ideas. See how well that played out. But this new one of capping - and cutting housing benefit - do they honestly think landlords are going to lower their rents in response? When in few months time everyone is going to scratching around for extra money - what with frozen wages, VAT increase and god knows what else is on the way... Landlords aren't going to be in any position to lower rents (not unless they're forced to by law - and someone - councils? start setting limits on rents - limits which if memory served - a certain Thatcher Govt. deregulated. Back then the optimistic belief was that rents might go down - instead they went up and up and up - with Housing Benefit having to compensate. Funny that.
London housing crisis: most private landlords will not lower rents in response to housing benefit cuts