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Housing experts predict the number could reach 230,000 by 2020, making it more difficult for low-income households to access affordable homes.
Government figures show 23,186 social rented properties were sold by councils in 2016-17 alone.
Figures show that replacements for homes sold under the right-to-buy scheme fell by 27% last year, worsening the housing crisis.
Housing Minister Kevin Stewart said the move "marks a major milestone in the Scottish Government’s efforts to build a sustainable housing policy for the future".
Government plans to expand 'Right To Buy' to social housing could result in the loss of up to 7,000 homes a year, damning new research shows.