unearned increment
noun
: an increase in the value of property (such as land) that is due to no labor or expenditure of the owner but to causes (such as the increase of population) that create an increased demand for it
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“Unearned increment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/unearned%20increment. Accessed 28 Nov. 2024.
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