Comprehensive data on 153 properties offering independent living for persons with mental illness are used to examine the effects on repair and maintenance (RM) costs of building quality, neighborhood quality, building size, proportion of tenants with mental illness, and management experience with mentally ill tenants. We find an inverted U-shaped relationship between the proportion of mentally ill tenants in a building and its RM costs, which suggests favorable behavioral effects on mentally ill tenants of living in the same building with others who are mentally ill. We also find amenity features are associated with higher RM costs in properties where more tenants are mentally ill. Copyright 2001 by the American Real Estate and Urban Economics Association.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Publisher Info
Article provided by American Real Estate and Urban Economics Association in its journal Real Estate Economics.