Social constructions of what it means to let and rent housing are revealed in language and are intimately tied to housing outcomes for both landlords and tenants. This paper is concerned with the socially constructed identities of landlords and tenants in the private rental sector and how these are revealed in language. Fairclough's methods of discourse analysis coupled with Habermas' ideal speech situation and theory of communicative action are used to form an analytical framework for examining public debate and discourse on the private rental sector in New Zealand. It is argued that current discourses about tenants and landlords are the result of public debate and stereotypes that have failed to incorporate the experiences of tenants, and further that these stereotypes conceal the multiplicity of identities and motivations for behaviour of both landlords and tenants.