The Landlord Reinvestment Model : A Computer Based Method of Evaluating the Financial Feasibility of Alternative Treatments for Problem Buildings.

by C. Peter Rydell

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback16 pages $20.00 $16.00 20% Web Discount

Originally written for the October 1970 meeting of the Institute of Management Sciences, this paper describes the Landlord Reinvestment Model, a computer program that prepares financial analyses of alternative assistance treatments for buildings requiring repairs to meet New York City housing code standards. It enables estimation of the level of City assistance needed to induce a landlord to reinvest in his property through performance of required repairs, payment of debts, and provision for adequate future maintenance. The model was designed for the Problem Buildings Evaluation and Treatment System, an experimental unit in the New York City Housing and Development Administration formed to combat the loss of houses from existing inventories. The dimensions of that problem: between 1965 and 1968, 114,000 housing units were lost to New York City, most abandoned as financially hopeless by landlords. 16 pp. Ref.

This report is part of the RAND Corporation paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.