Tuesday, November 03, 2009
House Prices in Gold
Feb '06 median Ventura County home: $680k
Price of gold: $560/oz.
Median home price in gold: 1214 ounces.
Oct '09 median Ventura county home: $419k
Price of gold: $1000
Median home price in gold: 419 ounces.
Value today of the gold you bought in 2006 after selling your house: $1,214,000.
Turn one house into 3 in 3 years. Sounds like something Casey would do (in reverse).