Vad är rimlig bostadshyra?
(2011) In TVBP VBEM01 20102Construction Management
Civil Engineering (M.Sc.Eng.)
- Abstract
- The study in this thesis has focused on identifying how the various stakeholders
in the rental market perceives and interprets the term of "reasonable housing
rent". During the process of this study legislative changes affecting the rental
market, is part of the investigation to find out how the stakeholders have reacted
to the new reform of the rent laws. Twelve people were interviewed, all active
and active in the Sound region, mainly Malmo, Lund and Helsingborg. The
stakeholders represented the private rental property owners, the municipal
housing, tenant representatives and consultants of various kinds. The rent for a
apartment is a complex mix of economics and law. Economic calculations have
to be able to provide a... (More) - The study in this thesis has focused on identifying how the various stakeholders
in the rental market perceives and interprets the term of "reasonable housing
rent". During the process of this study legislative changes affecting the rental
market, is part of the investigation to find out how the stakeholders have reacted
to the new reform of the rent laws. Twelve people were interviewed, all active
and active in the Sound region, mainly Malmo, Lund and Helsingborg. The
stakeholders represented the private rental property owners, the municipal
housing, tenant representatives and consultants of various kinds. The rent for a
apartment is a complex mix of economics and law. Economic calculations have
to be able to provide a return to the owners and the legal laws will secure the
tenants' right to their homes. On the Scanian rental market, there is currently a
shortage of rental apartments. There is a shortage of apartment properties with a
"reasonable housing rent". The level of rents affects other parts of the rental
market and property market as property prices, new production and supply of
rental apartments. It is important to understand that high construction costs do
not automatically lead to high rents. High construction costs may be a result of
better materials. For better choice of materials can result in lower maintenance
costs. A report prepared by the Division of Building and Real Estate, Department
of Infrastructure shows which factors that affect the housing rent at the new
construction of rental apartments. Factors such as the risk premium in the cost of
capital in each project has a large influence housing rent outcomes because the
risk premium must be taken in consideration by a number of other factors such as
degree of maintenance, were in the town the rental housing was constructed and
that the determination of the risk premium should be taken into account that the
risk of apartment building changed over time. By taking careful evaluation about
the rent development may turn out that the rent will be higher than it necessarily
needed to be. These factors apply equally to the municipal housing, which
applies an absorption principle, and for the private rental property owners. The
absorption principle affects very much the rental outlet, as the rent-setting model
that the municipal housing is usually applied. The municipal housing companies
have long had a rental normative role until January this year. The municipal
housing companies rental normative role and there absorption principle go hand
in hand and have done that private property owners have felt disadvantaged. In
January 2011 the legislators replaced the municipal housing companies rent
normative role in to that all of the collectively negotiated rents would be rentalnormative. All the stakeholders who participated in the study were in favor of the
new law reform. There is no one who determines how the rent development will
look like after the change in the law. Some of those interviewed mentioned the
possible impact that may occur after the law changes. The stakeholders have also
answered the question what "reasonable housing rent" means and the responses
differed depending on the stakeholder group that the respondent has represented.
The term "reasonable housing rent" is ambiguous and has therefore been
interpreted differently among the different stakeholders. Most are in one way or
another taken a position that it is the utilization value rent to be seen as the
reasonable rent. The problem with interpreting the utilization value rent as the
"reasonable housing rent” is that it is the Rental Board's role to determine
whether the rent is legislative or not, and not the housing rents reasonableness.
Other stakeholders have responded that it is the willingness to pay, the ability to
pay, or that the reasonable rent is the rent that makes the economic calculations
go together. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/3290006
- author
- Contreras Espinoza, Adriana LU
- supervisor
- organization
- course
- VBEM01 20102
- year
- 2011
- type
- H3 - Professional qualifications (4 Years - )
- subject
- publication/series
- TVBP
- report number
- TVBP—5420
- language
- Swedish
- id
- 3290006
- date added to LUP
- 2013-01-07 17:37:15
- date last changed
- 2013-01-07 17:37:15
@misc{3290006,
abstract = {{The study in this thesis has focused on identifying how the various stakeholders
in the rental market perceives and interprets the term of "reasonable housing
rent". During the process of this study legislative changes affecting the rental
market, is part of the investigation to find out how the stakeholders have reacted
to the new reform of the rent laws. Twelve people were interviewed, all active
and active in the Sound region, mainly Malmo, Lund and Helsingborg. The
stakeholders represented the private rental property owners, the municipal
housing, tenant representatives and consultants of various kinds. The rent for a
apartment is a complex mix of economics and law. Economic calculations have
to be able to provide a return to the owners and the legal laws will secure the
tenants' right to their homes. On the Scanian rental market, there is currently a
shortage of rental apartments. There is a shortage of apartment properties with a
"reasonable housing rent". The level of rents affects other parts of the rental
market and property market as property prices, new production and supply of
rental apartments. It is important to understand that high construction costs do
not automatically lead to high rents. High construction costs may be a result of
better materials. For better choice of materials can result in lower maintenance
costs. A report prepared by the Division of Building and Real Estate, Department
of Infrastructure shows which factors that affect the housing rent at the new
construction of rental apartments. Factors such as the risk premium in the cost of
capital in each project has a large influence housing rent outcomes because the
risk premium must be taken in consideration by a number of other factors such as
degree of maintenance, were in the town the rental housing was constructed and
that the determination of the risk premium should be taken into account that the
risk of apartment building changed over time. By taking careful evaluation about
the rent development may turn out that the rent will be higher than it necessarily
needed to be. These factors apply equally to the municipal housing, which
applies an absorption principle, and for the private rental property owners. The
absorption principle affects very much the rental outlet, as the rent-setting model
that the municipal housing is usually applied. The municipal housing companies
have long had a rental normative role until January this year. The municipal
housing companies rental normative role and there absorption principle go hand
in hand and have done that private property owners have felt disadvantaged. In
January 2011 the legislators replaced the municipal housing companies rent
normative role in to that all of the collectively negotiated rents would be rentalnormative. All the stakeholders who participated in the study were in favor of the
new law reform. There is no one who determines how the rent development will
look like after the change in the law. Some of those interviewed mentioned the
possible impact that may occur after the law changes. The stakeholders have also
answered the question what "reasonable housing rent" means and the responses
differed depending on the stakeholder group that the respondent has represented.
The term "reasonable housing rent" is ambiguous and has therefore been
interpreted differently among the different stakeholders. Most are in one way or
another taken a position that it is the utilization value rent to be seen as the
reasonable rent. The problem with interpreting the utilization value rent as the
"reasonable housing rent” is that it is the Rental Board's role to determine
whether the rent is legislative or not, and not the housing rents reasonableness.
Other stakeholders have responded that it is the willingness to pay, the ability to
pay, or that the reasonable rent is the rent that makes the economic calculations
go together.}},
author = {{Contreras Espinoza, Adriana}},
language = {{swe}},
note = {{Student Paper}},
series = {{TVBP}},
title = {{Vad är rimlig bostadshyra?}},
year = {{2011}},
}