[kemotep]

I would like to see that chart because houses have also spiked significantly in price especially since 2008. That maintaining a consistent ratio would at least eliminate the dollar from the equation showing value not just dollars.

A quick sanity check of my own house would show that it would cost something like 75 ounces of gold. It was built in the 70’s and originally sold for 45,000, or well over 250 ounces of gold in gold prices from around then. Doesn’t seem right…

[tim333]

There's a chart here for the UK https://auronum.co.uk/gold-vs-bricks-how-many-ounces-you-nee...

It fluctuates a fair bit but starts and ends at ~150oz/house

And the US https://www.longtermtrends.net/real-estate-gold-ratio/

[ethbr1]

The other way to think about it is that the price of many other things may have gotten cheaper (in terms of labor/capital) at the same time as fiat inflation.

But how can you untangle an objective production price from the fiat / economy it's produced out of?

If that were the case, you'd expect scarce but still produced assets (e.g. housing) to have both increased in price (due to fiat inflation) and decreased in price (due to production technology efficiencies).

Which one dominates to what degree likely depends on the asset.