"where I live houses went up 22.8% last year. (Excluding rent)." Here is our failed Gold advisor from NZ advising Australians to invest in housing property. In Australia we pay : 1.Taxes Land Tax is some states. Capital gains Income Tax
2.Agents Fees Management Fees Sale of property
3.Holding Council Rates Insurance Repairs and maintenance Interest on your money
On this forum we discuss if Gold is a good hedge against inflation, liquid and long term asset.
