QUOTE(Nidz @ Nov 23 2011, 12:51 PM)
we cannot compare *fairly* between these two things. house price will depends on the location, access, facilities etc...
gold price depends on the international spot market.
i wouldn't say that house price depreciated more than gold, its just that its ROI is not as good as gold, if you compare from 2000-2011...
House price might get 100-200% ROI, but gold get more than 600%.
percentage wise, gold is better. but if we calculate on the amount, house price can get much better.
in 2000, it normal for ppl to buy 200-300k houses -> now its worth more than 600k
but who buys gold in 200-300k in year 2000?
if you really wanna compare percentage, then silver wins. more than 700% returns since 2000.

Take an example of double storey house in PJ.
In 2003, the house price is around 300k and in 2010 the price is around 450k. The appreciation is around 150k in 7 years.
If we compare with price gold in 2003, the same price for the house can get about 230 troy ounce and in 2010, the double storey house in PJ would cost us 100 troy ounce.That is equivalent to a depreciation of more than 50% in 7 years.
And if u compare with silver price, most likely about 70% depreciation...
This means while properties hv appreciated in RM, the values of properties is depreciate if we measure against precious metal i.e gold and silver.