The value of a property can go up due to an increase in the population in the area, which is known as "appreciation". This increase in value is not something that the owner has to work for or spend money on, so it is called an "unearned incremental increase".
These are questions that the above text answers:
1. What is the term used to describe the increase in value of a property due to an increase in population in the area?
2. How is the increase in value of a property, resulting from an increase in population, referred to?
3. What is the term used to describe the increase in value of a property that the owner does not have to work for or spend money on?
4. What is the term used to describe the increase in value of a property that is not earned by the owner?
5. What can cause the value of a property to go up?
6. What is the relationship between population increase and property value?
7. How is the increase in property value, resulting from population increase, categorized?
8. What is the term used to describe the increase in property value that is not directly earned by the owner?
9. What is the term used to describe the increase in property value that is not a result of the owner's efforts or expenses?
10. What is the term used to describe the unearned increase in property value due to population growth?