How, and what happens, the dollar collapses is undetermined and out of my control. I can only position myself for it.
The dollar could simply enter into a semi-permanent state of 15-25% inflation. Permanent until the USD withers away. This my preferred outcome because I actually like this country.
The dollar could collapse to junk status seemingly "overnight". This is very unlikely, but appears to be the course of action preferred by the good folks who are over extending our military position. This will result in wide spread riots.
The end result is probably somewhere in between. Sometime in the future. You might object that Im crazy and that nothing will happen but consider the two guys running for president - one just threatened financial sanctions of China, the other sanctions for any country that doesn't trade with USD.
Dollar collapsing does not mean property rights collapsing. Or police and courts going entirely away. In some parts it might, but in most things will be bad for a while and worse than now after that. But there will still be someone paying for your real estate, at least if location is not dying.
Fiat currency collapse is so common that it’s more the norm than the exception and property rights tend to survive perfectly well even when the government issued currency experiences collapse and high inflation.
For the dollar to collapse in this lifetime to the point you can benefit that way, it will take a major event that would also likely decimate the US real estate market.
Maybe for your children's lifetime, if they are lucky. It took Britain nearly 100 years to deflate from its hegemon status. Argubly, with the size and natural advantages the US hold, it will take even longer for them to naturally fall from its top spot.
Japanese yen is down 20%+ in 2 years. How are property prices in Tokyo in €£$?
Nigerian Naira is down 75% in two years. How are property prices in Lagos in €£$?
Turkish Lira is down 80% in 4 years. How are property prices in Istanbul in €£$
shall I continue?
USD can absolutely have a 50%+ depreciation in next 5-10 years. That is completely possible. Will it lose reserve currency status? No absolutely not. There is no viable replacement. But when we measure in purchasing power or gold or other stable pricing reference it can happen and property prices will not fall in those terms.
Printing currency doesn’t strictly cause economic collapse in simply causes a loss in value and faith in the currency.
Do you have any historical example of a hyperinflation when real estate market had been "decimated"? And if the US is so unique and it's going to happen for the first time in history, what would be the mechanism of all prices going up (inflation) while real estate staying the same/dropping?
