Anglia Ruskin Research Online (ARRO)
Browse

File(s) not publicly available

Target rents in relation to market levels: 2008/09

report
posted on 2023-07-26, 16:52 authored by Chihiro Udagawa, Jennie Spenceley, Paul Sanderson
Target net rents for registered social landlord (RSL) properties are based on a mix of local earnings and individual property values. Although the formula is based on a 30:70 split, in absolute value terms the relative importance of capital values increases with market rents. The differential between property sizes is partially set administratively by a bedroom weighting attached to the earnings part of the formula. The average net rent was originally set in 2000 and has increased each year by the guideline of retail price index (RPI) +1% to 2002 and RPI +0.5% thereafter. For all these reasons it might be expected that over the years there might be increasing differences between target rents and observed market rents. This paper examines this question as well as providing a detailed description of how target and actual rents differ from one another by size and location.

History

Refereed

  • No

Publisher

University of Cambridge

Place of publication

Cambridge, UK

Language

  • other

Report type

  • Technical Report

Legacy posted date

2015-11-05

Legacy Faculty/School/Department

ARCHIVED Faculty of Health, Social Care & Education (until September 2018)/Cambridge Centre for Housing and Planning Research

Note

Report for Tenant Services Authority

Usage metrics

    ARU Outputs

    Categories

    No categories selected

    Keywords

    Licence

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC