Much past research on returns in the private rented sector has been beset by definitional and measurement difficulties. Although data on rents has been available as a result of general purpose surveys - or from administrative records of a sub sector of the market. A good example of the use of estimating techniques is the York Index of Private Rents and Yields published quarterly since 1996 (Rhodes & Kemp, 2000).



Some data has been gathered in special purpose surveys and other data has been extracted from company accounts of the few public companies operating in this sector. In all the published work examined, a wide range of definitions has been used, covering a wide range of sub sectors. Rarely, however, has published work covered a representative sample of the whole sector and collected reliable information on their rents, costs and capital values.

To report on the results of calculating rates of return from a survey of a representative sample of lettings in England in 1998, including examining data sources from the survey for rents, landlords costs, and vacant possession values.Complete property conveyancer melbourne Property Council National President, John McCarthy, has written to the ARA and secured their agreement for a high level meeting to discuss these issues under the auspices of the Retail Industry Liaison Forum. Other data collected in the survey enables the returns to be examined on a wide range of headings, both those related to the dwellings themselves and to their landlords.To examine the implications of the findings, both by comparing them with returns from other investments and by considering the implications of the findings.

The majority of the private rented sector is owned by non commercial landlords; if landlords are rent takers rather than rent setters that is, landlords fix rents in accordance with what they know about rents prevailing in the immediate locality, rather than in relation to seeking specific returns, when landlords operating in these markets have more experience and a clearer appreciation of costs and risks, prices that are more coherently related to the costs of supply and to relative risk may result; Unlike commercial property investment, management and maintenance costs eat up a significant share of the landlord’s rental income; these costs can take between 25% and 40% of rents.