Here's a very interesting chart courtesy of Shiller, posted in the blog "Priced in Gold".
And here's what I think the chart is telling you: If you own gold, sell it and buy real estate, only twice in 120 years you bought so much real estate with so little gold.
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Tuesday, April 9, 2013
Value of homes from 1890 to 2012 if paid in gold ounces
Here's a very interesting chart courtesy of Shiller, posted in the blog "Priced in Gold".
And here's what I think the chart is telling you: If you own gold, sell it and buy real estate, only twice in 120 years you bought so much real estate with so little gold.
