You think gold will surpass $2,000 by December 2020?

Might be best to go back 15 years to clear the puncturing of the housing bubble in 2006-09.

BARRON'S has had numerous articles over the years noting that real estate appreciation is highly skewed to fast-growing or wealthy areas or locations near those two demographics.

Curious....Caterpillar is near Des Moines, but I'm not sure they've been expanding in that area.....what else would account for housing demand there the last decade to drive up prices ?

 

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Sorry, I misspoke earlier. The house price I was referring to was sold in 2007 before the burst, so 13 years ago.

Des Moines is an insurance and agriculture town. No Cat plants anywhere near it, though it has a John Deere plant, (for about 75 years) and some others.

 

what about the other states you mention Ohio, Georgia and Minnesota? doubling in value? something is odd about the Des Moines scenario

 

My rental house is up about 60% over its 2007 peak in MN, and similar experience in OH, (Columbus suburb) and Atlanta suburbs. Maybe its just areas doing better economically, but definitely not just the coasts. The same thing on the coasts are double minimum in many major areas.