Saturday, May 21, 2011

Pricing Singapore property in gold 1

Singapore property is 25 times the price since 1960. If priced in gold, you just need 1.5 times the amount of gold to purchase similar real estate compared to 1960. That is despite of a population increase from 1.5 million to 5 million over that span of time.

4Q98 = 100 


1 comment:

Anonymous said...

At the rate you're writing, in a matter of years, your blog will be the downfall of the PAP regime and many are reading. They need to first fix the high housing agent fees that has led to unaffordable housing which is generating a lot of resentment towards the government.