Cost of Houses Divided by Gold
Weatherman

Just like buying physical silver and gold, my guess is that any time will be good for buying quality land that offers some degree of safety from the big city problems we will see in the near future. The one caution that I would offer is to not over extend yourself by trying to purchase too much. I think debt can always be a problem, even if that debt is used to purchase the right type of land.

From only an investment viewpoint, it shouldn't be too difficult to compare the trends for prices of precious metal and land. For example, the chart below shows the average U.S. real estate price divided by gold. I would not be surprised to see the average house price fall further to the 100 oz. of gold per house level of 1980. If you can get an FRN price chart of the area for the land you are interested in, then it would be easy to divide a few of the data points by the price of gold at the comparable times to see a rough plot of the land price in gold. I doubt that it will show as much excessive gain as houses did this decade, and so the land priced in gold would have less potential for decline.

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