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

    ReplyDelete

Do the right thing.