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.

5 comments:

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

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  2. It seems to me gold is the most important mined mineral. It seems to me that much more stable in price than oil

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