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However, at the end of the 10 years, the home owner sells the house and recoups some of the initial additional investment costs. Depending on the residual value estimation approach, the present value net cost savings in life-cycle costs to the homeowner is either $41 714 or $84 997.
What is NIDS The National Income Dynamics Study (NIDS) is the first national household panel study in South Africa. It is an initiative of the Department of Planning, Monitoring and Evaluation (DPME) and is part of an intensive multi-million rand effort on the part of the government to track and understand the shifting face of poverty.