Replying to Avatar MichaelJ

I'm not convinced the bubble will "pop" everywhere.

Where we live, prices have come down a bit since 2021-2022, but that's only because interest rates are up. It seems that demand is way ahead of supply in most US cities, and it's likely to remain so for some time.
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The Beave 1y ago

Cities are collapsing under the dead weight of their corruption and poor governance.

The dollar will collapse in our lifetime, I think.

After that, real estate is going to be cheaper for anyone not stuck in fiat.

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MichaelJ 1y ago

For better or worse, I tend to think the dollar is backed by America's status as a global superpower. So the collapse of the dollar would imply the collapse of America's military might. Which is possible, but not a guarantee, IMO.

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The Beave 1y ago

It is a guarantee. It will all fall sooner or later. I'm guessing sooner than you might think.

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Chad Lupkes 1y ago

I think that depends. If the Federal Government can get onto a Bitcoin Standard, the government itself might survive. But it will be radically changed.

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Chad Lupkes 1y ago

Real Estate as an investment is going to go away as everything falls to utility value against BTC. I agree that the fiat dollar will collapse, hopefully before we get to the point that $1 = 1 sat.