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With Appreciation

March 26, 2000

Bruss states, in one of his March 12 "Real Estate Q&A" responses, that a property that appreciates in value 5% a year for 10 years will appreciate 50%. What planet is he on? On this one, 5% a year for 10 years yields 63% appreciation.

Todd Terres

Via e-mail

Letters must include the writer's name, address and daytime telephone number and should be sent to the Real Estate Editor, Los Angeles Times, Times Mirror Square, Los Angeles, CA 90053 or faxed to Real Estate Editor at (213) 237-4712 or E-mailed to Real.Estate@LATimes.com. Letters may be edited for reasons of space and clarity.

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