Olyga AstafyevaPublished in:
Russian Journal of Entrepreneurship
– № 22 / November, 2012



Keywords: average age, consumer behavior, life cycle, planned and actual lifetime of buildings, social factor


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Abstract:

The article raises the question of the considerable difference between the planned and the actual lifetimes of a residential building and of one of the factors causing this difference which is a social factor. It presents the data of analysis carried out in the United States, showing that today the average lifetime of a residential building is 61 years with a deviation of 25 years. The necessity of further research in this area is argued, which will allow planning correctly the expenses at the governmental level, construction operational management costs.

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