Do you have a habit of watching houses on sale?
The prices were going wild during 2021-2022 but if you have been paying attention the sales have plummeted
Some houses in my area were on sale for $2,400,000 and haven’t sold so now are reduced to $1,600,000 and still no one is biting…
This is a period where pretty much everywhere you are better of renting instead of buying at these prices and rates.
Metals though, have been going up in the same time period
It’s as if people don’t want stores of assets when money is cheap
But when money gets more expensive I guess people prefer to buy real money instead of expensive fiat
Even today, gold and silver had green days. Today gold went up more than silver but both green days regardless.
I see this as a common theme for at least a year, gold and silver going up, while houses go down.
Come back to this post late 2025 and see if I was right or not :)