In 1957, against a background of political turmoil and international tension the Conservative government passed the Rent Act, a highly contentious piece of legislation designed to resolve the problem of housing shortages by removing the statutory restrictions on the rents of privately let accommodation which had been operative since the Great War. The government argued that by abolishing rent controls landlords would be encouraged to maintain, improve, and invest in private rented property and thereby increase its availability. The failure to achieve these objectives prompts an assessment of the Rent Act through an analysis of its origins. It is suggested that, although the government's rents policy was framed within a broad economic imperative, between 1955 and 1957 it became refracted through a number of political, administrative, and social constraints, ensuring that its central aim of creating a free market in rents could never be achieved. As such the Rent Act reaffirmed the strength of consensus politics as a major influence on the Conservative party's housing strategy.