Research Article

Economic Analysis for Setting Appropriate Repair Cycles on the Fixed Materials and Facilities in the Public Rental Housing

Table 6

Comparison of conventional repair cycle and changed repair cycle per unit household (unit: ).

Year1990199520002005201020152020202520302035Total replacement costCost reduction rate
Elapsed time after move-in (years)Initial move-in5 years10 years15 years20 years25 years30 years35 years40 years45 years

Conventional repair cycleConventional method28,78928,78957,578
Optimal method16,34716,34732,69443.2%

Changed repair cycleConventional method16,59412,4831,51916,59447,19018.0%
Optimal method8,1228,1021,0148,12225,36056.0%

Cost of conventional repair cycle (20 years)57,578

Profit from the changed repair cycle10,388

Profit from the application of the optimal method24,884

Profit from the simultaneous application of the repair cycle and optimal method32,218