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Target rents in relation to market levels: 2008/09

This paper evaluates target rents in terms of the restructuring regime objectives by examining to what extent the target rents are employing market logic in their formation to reflect the policy objectives, with a main emphasis on a comparative approach. On the assumption that market rents are currently close to equilibrium, this paper compares target rents to private rents in an attempt to capture the extent to which fairness and affordability are delivered by the target rents.

 

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Publication Date

4th April 2011