The efficiency of applying the effective age method for locative buildings evaluation in the Republic of Moldova

Abstract

The housing sector is an essential component the economy of the Republic of Moldova, which has a decisive value in carrying out social and economic reforms. Along with the transition to the market economy, the communal and housing management, maintained mainly on the account of the state endowments, subsequently following their reduction and price liberalization - has reached a critical situation. Practically, lack of adequate attention, modernization and reconstruction of the existing housing stock, have led to the wear and tear of many buildings.