Unless we move to Milwaukee like that other post where dudes made up their own currency.

Real estate has always been a very good hedge against inflation and as the currency is loosing value - even if the asset is flatlining - it goes up measured in currency.Inventory is the second reason.

However, I have a nagging fear that the USA may suffer a major financial collapse, currency crisis, major war, or other catastrophe that could prove to be a challenging environment for anyone who is highly leveraged to survive financially.

@Dave Currence@Bill Exeteris a great resource for these questions in case you'd like more information.

For ex.

There is certainty the US dollar will be fully replaced as the world's reserve currency within the next 10 years.

Bought it at about 40% FMV and with the currency conversion, she made a killing on it.

Dave Currence - I was researching and wondering the same thing.

Call me crazy but when buying real estate with cash I see it as a currency transfer. 

The house was purchased in 1984 for 75K, which means that on a 30 year loan, 7.5%, 100% loan, they would owe at the most 26K now.Or, they could have refied and currencly owe $90,000!!!