tag:blogger.com,1999:blog-7514357.post7166086356028435366..comments2024-02-25T08:16:25.546-08:00Comments on Exurban Nation: House Prices in GoldRob Dawghttp://www.blogger.com/profile/10042154106850545479noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7514357.post-16308755079034539472012-10-19T10:50:42.153-07:002012-10-19T10:50:42.153-07:00"You'd have to do a total remodel on that..."You'd have to do a total remodel on that 1980 house to restore it to its 1980 value in gold."<br /><br />This is my second biggest issue with the Case-Shiller 1890-2012 inflation adjusted claim of 1% per year. The 1890 house didn't have plumbing never mind electricity. The 2012 house needs 250 amp service and fiber optic. Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-1833361452103091902012-10-19T10:40:10.391-07:002012-10-19T10:40:10.391-07:00Well, the peaks and troughs are at roughly the sam...Well, the peaks and troughs are at roughly the same levels, spaced apart by about 30 years.<br /><br />Yes, there's been a lot of volatility in that period, but gold has been a fantastic store of value over the long run.<br /><br />Houses, too, except for the maintenance, insurance, and taxes. You'd have to do a total remodel on that 1980 house to restore it to its 1980 value in gold.W.C. Varoneshttps://www.blogger.com/profile/17663570682958847976noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-45357355212305747172012-10-18T21:09:11.088-07:002012-10-18T21:09:11.088-07:00W.C. Varones,
I've looked at the same thing a...W.C. Varones,<br /><br /><i>I've looked at the same thing and it's amazing how stable house prices in gold are over time.</i><br /><br /><a href="http://research.stlouisfed.org/fred2/graph/?g=bYt" rel="nofollow">Median Sales Price of Houses Sold for the United States / Gold Fixing Price 10:30 A.M. (London time) in London Bullion Market</a><br /><br />That's stable? Seriously?Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-81294391220794801062012-10-18T17:06:04.627-07:002012-10-18T17:06:04.627-07:00My tungsten didn't do nearly as well.My tungsten didn't do nearly as well.Anonymoushttps://www.blogger.com/profile/10565272548229232728noreply@blogger.comtag:blogger.com,1999:blog-7514357.post-30862324406383394762012-10-18T07:13:07.719-07:002012-10-18T07:13:07.719-07:00Good to see you back!
I've looked at the same...Good to see you back!<br /><br />I've looked at the same thing and it's amazing how stable house prices in gold are over time.<br /><br />I paid for my house a few years ago about as many ounces of gold as my parents paid for their house back in the 70's.<br /><br />Try it - it's fun!<br /><br />There's only one constant: dollar debasement.W.C. Varoneshttps://www.blogger.com/profile/17663570682958847976noreply@blogger.com