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4plexownerParticipant
When Housing Is Priced in Gold
http://www.oftwominds.com/blogsept09/housing-gold09-09.html“Pricing U.S. homes in gold reveals that housing has fallen by two-thirds from its 2005 peak.”
“Nominal housing prices have returned to 2003 levels. But when priced in gold, the 2003 valuation was 420 ounces of gold. Now that nominal prices have returned to that level today, the median house will only fetch 160 ounces of gold.
But if nominal prices revert to pre-bubble valuations (1997-98), which is the typical course of popped asset bubbles, then we could see housing become even cheaper when priced in gold.
That is, if gold continues rising and housing continues declining, then it is certainly possible that the median house price could fall to 100 ounces of gold–a mere 20% of its 2005 peak. ”
“The point is to consider housing in relation to purchasing power/relative performance, not just in nominal dollar terms. Housing will always have value as shelter and land will always have value as productive dirt, but we must be skeptical of the constant hype that “a home is your best investment.” “
4plexownerParticipantWhen Housing Is Priced in Gold
http://www.oftwominds.com/blogsept09/housing-gold09-09.html“Pricing U.S. homes in gold reveals that housing has fallen by two-thirds from its 2005 peak.”
“Nominal housing prices have returned to 2003 levels. But when priced in gold, the 2003 valuation was 420 ounces of gold. Now that nominal prices have returned to that level today, the median house will only fetch 160 ounces of gold.
But if nominal prices revert to pre-bubble valuations (1997-98), which is the typical course of popped asset bubbles, then we could see housing become even cheaper when priced in gold.
That is, if gold continues rising and housing continues declining, then it is certainly possible that the median house price could fall to 100 ounces of gold–a mere 20% of its 2005 peak. ”
“The point is to consider housing in relation to purchasing power/relative performance, not just in nominal dollar terms. Housing will always have value as shelter and land will always have value as productive dirt, but we must be skeptical of the constant hype that “a home is your best investment.” “
4plexownerParticipantWhen Housing Is Priced in Gold
http://www.oftwominds.com/blogsept09/housing-gold09-09.html“Pricing U.S. homes in gold reveals that housing has fallen by two-thirds from its 2005 peak.”
“Nominal housing prices have returned to 2003 levels. But when priced in gold, the 2003 valuation was 420 ounces of gold. Now that nominal prices have returned to that level today, the median house will only fetch 160 ounces of gold.
But if nominal prices revert to pre-bubble valuations (1997-98), which is the typical course of popped asset bubbles, then we could see housing become even cheaper when priced in gold.
That is, if gold continues rising and housing continues declining, then it is certainly possible that the median house price could fall to 100 ounces of gold–a mere 20% of its 2005 peak. ”
“The point is to consider housing in relation to purchasing power/relative performance, not just in nominal dollar terms. Housing will always have value as shelter and land will always have value as productive dirt, but we must be skeptical of the constant hype that “a home is your best investment.” “
4plexownerParticipantWhen Housing Is Priced in Gold
http://www.oftwominds.com/blogsept09/housing-gold09-09.html“Pricing U.S. homes in gold reveals that housing has fallen by two-thirds from its 2005 peak.”
“Nominal housing prices have returned to 2003 levels. But when priced in gold, the 2003 valuation was 420 ounces of gold. Now that nominal prices have returned to that level today, the median house will only fetch 160 ounces of gold.
But if nominal prices revert to pre-bubble valuations (1997-98), which is the typical course of popped asset bubbles, then we could see housing become even cheaper when priced in gold.
That is, if gold continues rising and housing continues declining, then it is certainly possible that the median house price could fall to 100 ounces of gold–a mere 20% of its 2005 peak. ”
“The point is to consider housing in relation to purchasing power/relative performance, not just in nominal dollar terms. Housing will always have value as shelter and land will always have value as productive dirt, but we must be skeptical of the constant hype that “a home is your best investment.” “
4plexownerParticipant[img_assist|nid=11972|title=Ounces of Silver to Buy Median House|desc=|link=node|align=left|width=400|height=304]
I’m going to revise my prediction – I’ll say 500 to 3000 ounces of silver to buy median home – that’s $10-60,000 of today’s US dollars
RICH INVESTOR, POOR INVESTOR
A Must Read For Real Estate Investors
http://www.silver-investor.com/richinvestorpoorinvestor.html
“At the top of the precious metals market last time (January 1980), it took a mere three thousand ounces of silver valued at $150,000 to purchase a median-priced single-family home. Today, three thousand ounces of silver is valued at about $40,000. Who wouldn’t be willing to pick up the median-priced house for $40,000? We are not talking the foreclosure market here; we are valuing houses in terms of silver bullion. ”Good Call Mr Maloney – 10 Oz of Silver Buys Home
http://www.buysilvercoins.org.uk/silver-buys-houses.html
“soon be possible to purchase a median priced family home for just 500 ounce of silver”Moneyweek: UK House Prices in Terms of Ounces of Silver
http://blog.goldassets.co.uk/2009/03/12/uk-house-prices-in-terms-of-ounces-of-silver/
“Once again we may see 1,000 ounces for the average UK home.”4plexownerParticipant[img_assist|nid=11972|title=Ounces of Silver to Buy Median House|desc=|link=node|align=left|width=400|height=304]
I’m going to revise my prediction – I’ll say 500 to 3000 ounces of silver to buy median home – that’s $10-60,000 of today’s US dollars
RICH INVESTOR, POOR INVESTOR
A Must Read For Real Estate Investors
http://www.silver-investor.com/richinvestorpoorinvestor.html
“At the top of the precious metals market last time (January 1980), it took a mere three thousand ounces of silver valued at $150,000 to purchase a median-priced single-family home. Today, three thousand ounces of silver is valued at about $40,000. Who wouldn’t be willing to pick up the median-priced house for $40,000? We are not talking the foreclosure market here; we are valuing houses in terms of silver bullion. ”Good Call Mr Maloney – 10 Oz of Silver Buys Home
http://www.buysilvercoins.org.uk/silver-buys-houses.html
“soon be possible to purchase a median priced family home for just 500 ounce of silver”Moneyweek: UK House Prices in Terms of Ounces of Silver
http://blog.goldassets.co.uk/2009/03/12/uk-house-prices-in-terms-of-ounces-of-silver/
“Once again we may see 1,000 ounces for the average UK home.”4plexownerParticipant[img_assist|nid=11972|title=Ounces of Silver to Buy Median House|desc=|link=node|align=left|width=400|height=304]
I’m going to revise my prediction – I’ll say 500 to 3000 ounces of silver to buy median home – that’s $10-60,000 of today’s US dollars
RICH INVESTOR, POOR INVESTOR
A Must Read For Real Estate Investors
http://www.silver-investor.com/richinvestorpoorinvestor.html
“At the top of the precious metals market last time (January 1980), it took a mere three thousand ounces of silver valued at $150,000 to purchase a median-priced single-family home. Today, three thousand ounces of silver is valued at about $40,000. Who wouldn’t be willing to pick up the median-priced house for $40,000? We are not talking the foreclosure market here; we are valuing houses in terms of silver bullion. ”Good Call Mr Maloney – 10 Oz of Silver Buys Home
http://www.buysilvercoins.org.uk/silver-buys-houses.html
“soon be possible to purchase a median priced family home for just 500 ounce of silver”Moneyweek: UK House Prices in Terms of Ounces of Silver
http://blog.goldassets.co.uk/2009/03/12/uk-house-prices-in-terms-of-ounces-of-silver/
“Once again we may see 1,000 ounces for the average UK home.”4plexownerParticipant[img_assist|nid=11972|title=Ounces of Silver to Buy Median House|desc=|link=node|align=left|width=400|height=304]
I’m going to revise my prediction – I’ll say 500 to 3000 ounces of silver to buy median home – that’s $10-60,000 of today’s US dollars
RICH INVESTOR, POOR INVESTOR
A Must Read For Real Estate Investors
http://www.silver-investor.com/richinvestorpoorinvestor.html
“At the top of the precious metals market last time (January 1980), it took a mere three thousand ounces of silver valued at $150,000 to purchase a median-priced single-family home. Today, three thousand ounces of silver is valued at about $40,000. Who wouldn’t be willing to pick up the median-priced house for $40,000? We are not talking the foreclosure market here; we are valuing houses in terms of silver bullion. ”Good Call Mr Maloney – 10 Oz of Silver Buys Home
http://www.buysilvercoins.org.uk/silver-buys-houses.html
“soon be possible to purchase a median priced family home for just 500 ounce of silver”Moneyweek: UK House Prices in Terms of Ounces of Silver
http://blog.goldassets.co.uk/2009/03/12/uk-house-prices-in-terms-of-ounces-of-silver/
“Once again we may see 1,000 ounces for the average UK home.”4plexownerParticipant[img_assist|nid=11972|title=Ounces of Silver to Buy Median House|desc=|link=node|align=left|width=400|height=304]
I’m going to revise my prediction – I’ll say 500 to 3000 ounces of silver to buy median home – that’s $10-60,000 of today’s US dollars
RICH INVESTOR, POOR INVESTOR
A Must Read For Real Estate Investors
http://www.silver-investor.com/richinvestorpoorinvestor.html
“At the top of the precious metals market last time (January 1980), it took a mere three thousand ounces of silver valued at $150,000 to purchase a median-priced single-family home. Today, three thousand ounces of silver is valued at about $40,000. Who wouldn’t be willing to pick up the median-priced house for $40,000? We are not talking the foreclosure market here; we are valuing houses in terms of silver bullion. ”Good Call Mr Maloney – 10 Oz of Silver Buys Home
http://www.buysilvercoins.org.uk/silver-buys-houses.html
“soon be possible to purchase a median priced family home for just 500 ounce of silver”Moneyweek: UK House Prices in Terms of Ounces of Silver
http://blog.goldassets.co.uk/2009/03/12/uk-house-prices-in-terms-of-ounces-of-silver/
“Once again we may see 1,000 ounces for the average UK home.”September 24, 2009 at 10:37 AM in reply to: Ron Paul: Federal government ‘one giant toxic asset’ #4610484plexownerParticipantPalin, Sounding Like Ron Paul, Takes on the Fed
http://blogs.wsj.com/economics/2009/09/23/palin-sounding-like-ron-paul-takes-on-the-fed/politics is so predictable …
September 24, 2009 at 10:37 AM in reply to: Ron Paul: Federal government ‘one giant toxic asset’ #4612424plexownerParticipantPalin, Sounding Like Ron Paul, Takes on the Fed
http://blogs.wsj.com/economics/2009/09/23/palin-sounding-like-ron-paul-takes-on-the-fed/politics is so predictable …
September 24, 2009 at 10:37 AM in reply to: Ron Paul: Federal government ‘one giant toxic asset’ #4615824plexownerParticipantPalin, Sounding Like Ron Paul, Takes on the Fed
http://blogs.wsj.com/economics/2009/09/23/palin-sounding-like-ron-paul-takes-on-the-fed/politics is so predictable …
September 24, 2009 at 10:37 AM in reply to: Ron Paul: Federal government ‘one giant toxic asset’ #4616554plexownerParticipantPalin, Sounding Like Ron Paul, Takes on the Fed
http://blogs.wsj.com/economics/2009/09/23/palin-sounding-like-ron-paul-takes-on-the-fed/politics is so predictable …
September 24, 2009 at 10:37 AM in reply to: Ron Paul: Federal government ‘one giant toxic asset’ #4618604plexownerParticipantPalin, Sounding Like Ron Paul, Takes on the Fed
http://blogs.wsj.com/economics/2009/09/23/palin-sounding-like-ron-paul-takes-on-the-fed/politics is so predictable …
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