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	<title>blogs.independent.co.uk&#124; &#187; rents</title>
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		<title>Why moderate rents are compatible with a housing shortage</title>
		<link>http://blogs.independent.co.uk/2012/07/11/why-low-rents-are-compatible-with-a-housing-shortage/</link>
		<comments>http://blogs.independent.co.uk/2012/07/11/why-low-rents-are-compatible-with-a-housing-shortage/#comments</comments>
		<pubDate>Wed, 11 Jul 2012 14:02:00 +0000</pubDate>
		<author>Ben Chu</author>
				<category><![CDATA[Eagle Eye]]></category>
		<category><![CDATA[Econoblog]]></category>
		<category><![CDATA[Editor's choice]]></category>
		<category><![CDATA[CentreForum]]></category>
		<category><![CDATA[house prices]]></category>
		<category><![CDATA[rents]]></category>
		<category><![CDATA[Tim Leunig]]></category>

		<guid isPermaLink="false">http://blogs.independent.co.uk/?p=26227</guid>
		<description><![CDATA[<img width="150" height="150" src="http://blogs.independent.co.uk/wp-content/uploads/2012/07/tim-leunig-150x150.jpg" class="attachment-thumbnail wp-post-image" alt="Why moderate rents are compatible with a housing shortage, Eagle Eye" title="Why moderate rents are compatible with a housing shortage photo" />The long fall in rents after 1997, relative to house prices, can largely be accounted for by the secular fall in interest rates, says Tim Leunig.]]></description>
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