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.