Depreciation and Maintenance of Houses | Zendy

Stephen E. Margolis | Zendy

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Depreciation and Maintenance of Houses

Author(s) -

Stephen E. Margolis

Publication year - 1981

Publication title -

land economics

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.961

H-Index - 86

eISSN - 1543-8325

pISSN - 0023-7639

DOI - 10.2307/3145755

Subject(s) - depreciation (economics) , business , economics , microeconomics , profit (economics) , financial capital , capital formation

While it is clear that a building will deteriorate quite rapidly if no maintenance is provided, there appears to be some question in the housing literature as to whether a building will provide the same quantity of service over time under normal circumstances, if "normal" or reasonable maintenance is provided. The question posed here is: Does the quantity of service provided by given structures diminish over time? More specifically: Are there quasi-fixed factors embodied in a structure which will be allowed to di-

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