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Re: Repairs and Maintenance

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Jill Meron (Jmeron@nmhc.org) asks:

>>From tabulating the variable CSTMNT ( AHS 2001) over all owners I get
that the median annual amount spent on routine repairs and maintenance
is $400.  Does anyone know if this is a reasonable estimate or know of
any literature on this issue?<<

This seems a little high.  The draft of the 2001 report (Table 3-13, line
60) shows a median monthly cost of less than $25 for all owners.  That
works out to an annual cost of less than $300.

When I run a median on CSTMNT for TENURE='1' AND STATUS='1', I get a median
of 200.

Dav Vandenbroucke
Economist
U.S. Dept. HUD
david_a._vandenbroucke@hud.gov
202-708-1060 ext. 5890