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33,129 Posts.
1404
26/09/20
06:23
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I'll do this just one more time...........just for you.
I've done it about 50 times before.
Gold price $A in 1979....$200
Gold price $A in 2020....$2600
Up 13 times.
Sydney house price 1979....$50,000
Sydney house price 2020....$1,140,000
Up 22.8 times, and that's excluding 41 years of rent = $1,119,000 (@$525/week) in 2020 dollars, less rates, insurance and repairs.
That's why most people own houses not gold bars, and you get to live in them as well. Nice.
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