"In the 80s housing & real estate beat inflation; stocks struggled. Gold lost money." Bob Fraser
12 Jun 2023 · 1 min
0:59
In this brief segment, Bob Fraser reviews how major asset classes performed relative to inflation during the high‑inflation 1970s and 1980s. He notes that residential housing prices rose faster than inflation, while commercial real‑estate roughly kept pace. In contrast, equities failed to outpace the roughly 5% average inflation of the era. Fraser also challenges the common belief that gold is a reliable inflation hedge, pointing out that his own gold coin purchased in 2006 for $1,500 was only worth about $2,000 twenty years later, indicating a loss in real terms. He signals a transition to discuss the 1990s later in the video.
