Treasury Rent Plot for Councils?

Two weeks ago Inside Housing ran a story revealing what it described as a Treasury plot to allow developing housing associations to charge higher rents than those not building.  Non-developing housing associations would see rent increases pegged to inflation.  There has been growing speculation that a similar approach might be taken to council and ALMO rents.  The self-financing debt settlement was calculated on the assumption that rents would rise by half a percent more than RPI for 30 years.  Limiting future council rent increases to RPI would have a major impact on business plan assumptions and take a sizeable bite out of the resources available for investment.  Read more on the ARCH website.