Here in the UK where 'rent to own' is a concept that exists but has never quite taken off, the traditional business model is to borrow money to build houses and

Here in the UK where 'rent to own' is a concept that exists but has never quite taken off, the traditional business model is to borrow money to build houses and then sell as soon as possible to recoup the investment. Often the buyers will then rent out the house to someone else at a premium. It's a hugely inefficient process that results in poor build quality and high costs. Build-to-rent is an option that mass-housebuilders are catching on to (maybe 15 years too late) but there is still resistance to changing existing business models. I believe the real problem is that people like to own the house they live in and will pay any price to achieve this. In a bubble of ever increasing house prices though, who can blame them?