Isle of Wight housing issues solution possible with French system

The French have an interesting approach when it comes to housing.

Many people rent. They don’t see bricks and mortar as an investment, or money making opportunity. They see housing as providing a home.

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Rents are set by government and, over recent years, haven’t risen above one per cent a year. 

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Renters are not allowed to spend more than 30 per cent of their monthly income on rent, which ensures they have sufficient money left over for food and other things.

Given the out-of-control, exploitative housing market in the UK, might this not be a model we as a country ought to be moving towards?

Do you agree?