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.