Table 1
Average user-cost components as a percentage of average
house value and rate of return
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| components | Average user cost components |
|---|---|
| percent | |
| Return to capital | 5.98 |
| Insurance | 0.26 |
| Property tax | 0.78 |
| Repairs and manitenance | 0.23 |
| Depreciation | |
| Improvements and alterations | 1.70 |
| Obsolescence | 0.50 |
| Total depreciation | 2.20 |
| Appreciation | 6.00 |
Source(s):
Survey of household spending (2006).
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