The properties will undergo capital improvements to improve energy efficiency and extend the useful life of the housing units. (newhampshirehousingheadlines.org)
The FWPA study found that the average life of a house was 61 years, but wood product failure or decay were not the main reasons for demolition; these were site redevelopment (58 per cent) or the building no longer suiting (28 per cent). (theage.com.au)
And the study also found that «the average life of a house was 61 years, but wood product failure or decay were not the main reasons for demolition; these were site redevelopment (58 per cent) or the building no longer suiting (28 per cent).» (treehugger.com)