These papers compare the findings on RSL sector and the private rented sector to provide a clear picture of the extent to which rent and rate of return differentials vary by area, type, etc.
Project Publications:
Rents and rates of return in the housing association and private sectors 1998/99 to 2007/08
The report examines rental rates of return in the housing association sector as compared to those observed in the private rented sector between 1998/99 and 2007/08 at national as well as at lower geographical levels.
Since 2007 Dataspring has analysed rents and rates of return in social and private rented sectors over the period commencing from 1998/99. This paper updates the analysis to 2007/08 while making necessary amendments to data for previous years to account for changing definitions in the latest dataset. It also examines the pattern of changes since the beginning of the observation period at various geographical levels.
One of the main objectives of this study is to scrutinise the housing association sector’s rental development in the context of the rent restructuring regime as well as helping to understand whether HA rents are adequate enough to cover the costs of managing and maintaining stock and to help support investment.
In equity terms it is also important to comprehend the extent to which economic subsidy, reflected in varying rates of return, varies between different areas.
Report
Comparing Rents and User Costs, 2005/06 and 2001/02
This paper examines how housing association (HA) rents relate to costs in other tenures in 2005/06 and 2001/02, the year before target rents were introduced. It compares HA rents, local authority rents, private sector rents and owner-occupation user costs at national, regional and LA levels and for different property types.
Report
Housing association rents, private rents and rental rates of return, 1998/99–2006/07
This is a series of three reports which examine changes in housing association rents and rental rates of return between 1998/99 and 2006/07; private rents and rental rates of return between 1996/97 and 2006/07; and the comparison of rental rates of return between the two sectors from 1998/99 to 2006/07.
The first report examines the relationship between housing association rents and the lower quartile house prices from 1998/99 to 2006/07 at national, regional and local levels. It also looks at rental rates of return in the housing association sector measured by housing association rents divided by the lower quartile house prices.
The second report analyses how private rents relate to the lower quartile house prices in the private sector between 1996/97 and 2006/07. It also examines the gross rates of return on capital achieved by private landlords.
Finally, the third report examines the spatial pattern of rental rates of return in the housing association sector as compared to those in the private rented sector over the period 1998/99–2006/07.
HA rents, private rents & rental rates of return - summary
HA rents & rates of return 1998-99 to 2006-07 - Full Report
Private rents & rental rates of return 1996-97 to 2006-07
Comparison between HA & private rates of return 1998-99 to 2006-07
Comparison of registered social landlord rents with owner occupier costs, 1998/99 to 2006/07
The report illustrates the recent development of owner-occupation (OO) costs at the lower priced property market and compares OO costs with registered social landlord (RSL) rents. It also examines the relationship between OO costs and RSL rents from 1998/99 to 2006/07 at different spatial levels.
Briefing Paper
Source Document
Detailed Analysis of the Private Rents and Rental Rates of Return: 1996/97 to 2006/07
This report analyses how private rents relate to the lower quartile house prices in the private sector. It also looks at changes in the spatial pattern of private rents and private gross rental rates of return from 1996/97 to 2006/07 at national, regional and local authority levels.
Source Document
Detailed Analysis of Housing Association Rents and Rental Rates of Return: 1998/99 to 2006/07
The report analyses how housing association (HA) rents relate to the lower quartile house prices in the private sector over the period 1998/99 to 2006/07 at national as well as at lower geographical levels. It also looks at the variation of rental rates of return on HA housing between regions.
Source Document
Comparison between Housing Association Sector and Private Sector Rental Rates of Return across England: 1998/99 to 2006/07
The report examines the spatial pattern of rental rates of return in the housing association sector as compared to those observed in the private rented sector between 1998/99 and 2006/07 at national as well as at lower geographical levels. It also looks at rate differentials between the two sectors at four metropolitan areas: London, Birmingham, Manchester and Newcastle.
Source Document
Comparing rents and user costs
This paper compares housing association (HA) gross rents, HA net rents, local authority (LA) rents, private sector rents and owner-occupation user costs to clarify the trends and relationships between housing expenditures across tenures. The comparison is carried out using the datasets for the years 2001/02 and 2006/07 at different spatial levels (i.e. national, regional and LA levels) and for different property types (i.e. bedspace, bedsits, one to six or more bedrooms and all sizes taken together).