wood for sheep?
this post was submitted on 28 Jan 2024
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I feel like one of these is off by a 0
The bar in the picture is one kilogram or about $65,000 US dollars. Ten bars would buy a very nice house in my area.
it might get you a small fixer upper in my home town.
Meth lab or woop woop in mine
10 of these will buy you a house in 20230
Which one? Gold was $20.67 per Troy ounce in 1920, that’s about $664.55 per kilo. 10 kilos about $6,645.55 I’m believing the first search result https://www.countryliving.com/life/g33398396/what-things-cost-100-years-ago/ says that matches up. Gold is about $64,900 per kilo today so $649,000 for 10 bars, that’s a low cost of living middle class place or HCOL very small house that needs renovation. I could see you meaning these days and houses in some areas are in the $6 million range, guess they should be location specific.
What the fuck is going on with house prices up there
Sub 2% interest rates for 2 years for loans and then jumped to ~8%
Market is wildly variable.
And probably the fact that post 2009 the construction industry collapsed and a lot fewer homes are getting built
Where did you get the gold price? This page says $269.
He's taking kilograms, you're talking ounces.
It’s weird though my 1920s price research shows $20.67 per Troy Ounce. Example: https://sdbullion.com/gold-price-by-year
I might be mistaken and that’s the US government’s set price for gold in the early 1900s, a lot of these other links show it closer to 10x that value.
Is it me?:(