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Media coverage of BullionVault

Daily Telegraph: House prices "likely" to fall vs. gold

LONDON, 13 June 2009 - Data compiled and analyzed by gold-dealing and ownership service BullionVault today features in a UK housing report from The Daily Telegraph, Britain's best-selling broadsheet newspaper.

"If you had sold the typical [UK] home five years ago and used all the cash to buy gold," says The Telegraph, quoting BullionVault's research, "you could now afford to buy nearly three of those properties - or to be precise, 2.7 average homes.

"Sadly for those of us who failed to do so, this still leaves open the question today about whether gold is expensive or houses are cheap...[But] the current property market malaise is either much milder than the last two major setbacks - or we have much further to fall."

To read the full story (minus the BullionVault chart published in the print edition), go to the Daily Telegraph's website... here,


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Source: 
Daily Telegraph