Not even close. Your house investment would have had to grow by 389% to have kept pace with the growth of gold as of today, based on gold selling for an average price of $386.20 in 1990. In that time, you'd have paid a huge percentage of money in real estate taxes, so the real gain would be much smaller. Price, as I type, is set @ $1,504.60 for gold. Again, has gold really gone up? I don't think so. I think the dollar has gone down, and prices on EVERYTHING indicate I'm right, or are you still filling your tank for 22 cents/gallon.
Remember those day?
Assuming one's home had grown in value, it sure as hell isn't worth that much today, and may not be again. Do you find that houses that are on the market are selling for advertised prices? Here, they're selling for roughly 25% less than asking price, assuming they're selling at all, and few are.
It appears, at least to me, that people think of recent events as just a bump in the road, and we'll return to business as usual. I don't think so. The days of crazy price increases (and "free money") are gone, and if they aren't, we're screwed.