• Lone_StarrLone_Starr Posts: 104 Bronze ✭✭✭
    Great point!

    I just checked my house it's gone up 27% in USD value (since 2007) (it takes 27% more dollars to buy my house)
    its gone down 39% when valued in Gold (it takes 39% less ounces of gold today to buy my house)
    it's also gone down 30% if I compare it to the Dow Jones. (it takes 30% less shares of the Dow to buy my house)

    So looking at the simple numbers. Had I put my savings in gold or the dow jones instead of my house back then I would be able to purchase my house today at a 30-40% discount even though the USD price of the house is 1/4 more. {nominal confusion}
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