chinas big gold rush , page-70

I don't get the point of factoring in house maintenance costs when comparing gold to housing as investments. If we do that, we also have to factor in the value of houses as accommodation - and you can't live in a nugget.

For me, gold is more attractive than housing right now because demand for dwellings in Oz could be held back by poor affordability for a while, whereas demand for gold is growing.

Maybe similar considerations are helping fuel China's reported gold rush - their housing markets might be becoming as fully priced as ours.