this post was submitted on 28 Jan 2024
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Memes

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wood for sheep?

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[–] [email protected] 197 points 1 year ago (23 children)

This isn’t actually true. In the US, housing has outpaced the value of gold.

In 2023, you would need 254.7 ounces of gold to buy a house, since $495,100 avg home / $1,943 price of gold = 254.7

In 1920, you would need 164.1 ounces of gold to buy a house, since $3,395 avg home / $20.67 price of gold = 164.1.

[–] [email protected] 26 points 1 year ago (16 children)

Fuck, even the gold isn't safe.

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