PER - Public Residential Rental Stock
The purpose of this study was to obtain relevant data and analyse the costs and revenues associated with provincial government renting state-owned residential properties to private tenants in the period 2013/14 to 2015/16. The key objectives of the project were to: - Identify and quantify all costs and revenues associated with the management of state-owned residential rental properties by provincial governments. - Assess the quality and comprehensiveness of available data on leases and rentals. - Estimate the discrepancy between rentals charged and market-related rates that could be obtained for similar properties. - Identify weaknesses in rent-collection systems and processes and make recommendations to address them. - Make recommendations to improve the effectiveness and efficiency of property rental processes.