In 1970, the median US house price was $23,400, or 669 oz of gold.
Today, it’s $419,000, or 147 oz of gold.
The median US house costs more dollars, but less gold!
So, has real estate really "gone up in value" over the last 5+ decades?
In 1970, the median US house price was $23,400, or 669 oz of gold.
Today, it’s $419,000, or 147 oz of gold.
The median US house costs more dollars, but less gold!
So, has real estate really "gone up in value" over the last 5+ decades?
