When listing the property value for a primary home, I left the Real Appreciation Rate blank, which should appreciate the property at the rate of inflation (3% default). But in the output report, the home value stays the same amount in the Total Property and Total Equity in Property columns (home is paid off - no mortgage). Shouldn't those number grow?
Bill,
My guess is that these values are shown in terms of today's dollars, in which case the number shown would be constant. Please let me know if this isn't the case and maybe send me a screenshot.
Bill,
My guess is that these values are shown in terms of today's dollars, in which case the number shown would be constant. Please let me know if this isn't the case and maybe send me a screenshot.
You're correct - I bumped it to 1% and saw the numbers go up.
