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Keywords: Actuaries
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Journal Articles
Journal:
Journal of Property Finance
Journal of Property Finance (1997) 8 (2): 126–133.
Published: 01 June 1997
...Ivan M. Johnstone Johnstone’s (1995) actuarial benefit‐cost ratio model estimates the maximum justifiable expenditure on rehabilitation of public housing for each age at which rehabilitation takes place. The model estimates correct maximum expenditures when annual maintenance costs over each age...
