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London house prices compared to the price of gold


gold price per gramRightmove declared this week that UK property asking prices have hit an all-time high, while last week gold had one if its monster days, the like of which we haven't seen for many years - up almost $70 per ounce on the day at one stage on Wednesday.

So today we do something we haven't done for many years. We tackle a subject that, I believe, holds the record for MoneyWeek's most commented-on article.

You wouldn't think it by its title, but it an issue that simultaneously fascinates and infuriates.

The ratio of house prices to gold.

The incredible, credit-fuelled rise of UK house prices
We'll start with a chart of UK house prices since the 1950s.

Your browser does not support the video tag. Via Moneyweek

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