Hey Einstien......
once again you cherry pick
go back 5 years and if id sold gold then i could have made more, i could also argue the avg house price in sydney was much lower. so your math is too simplistic skol.
and with houses you need to take out your maintenance costs , mortgage costs, rates, etc etc.
comparisons are only good when the two things you are comparing share similarities.
which they don't property in sydney is an over inflated asset bubble, less so in melbourne and starting to correct. and as we all know properties are an illiquid asset when you really need to sell.
look in the west and the mining areas. people holding on to mortgages against houses worth half what they owe.
where as GOLD, its liquid, its universally valued by most cultures at an agreed amount, its easy to transport it so you can always have your wealth close at hand .
so any comparison you make is lacking depth.
