Tuesday, October 11, 2011

Buy Home, Sell Gold?

Presented without comment.

Hypothetical payment of a median-price new home purchased using a conventional 30-year mortgage

Hypothetical payment of a median-price new home purchased using a conventional 30-year mortgage as a % of median household income

Median-price of a new home expressed in troy oz of gold.

2 comments:

  1. I never thought to look at it this way. I'm happy I still went through that kitchen remodeling nyc, though.

    ReplyDelete
  2. Would I wonder if residential home builders are aware of this trend. Do you think these trends will change over time?

    ReplyDelete

Do the right thing.