bluntmassa1
Well-Known Member
If they only have butter and eggs they going to be renting land not buying. Lol, their will be millions of people looking for a nice place to live the dollar won't up and die if Boston and NYC go under water it's not going to happen over night. Plus my land is worth some money as is someone even left a note on my door trying to buy it. I literally have the nicest spot in town and plenty water. As soon as FL starts losing beach front property and all everyone will be looking to move and if you have beach front property money ain't shit.So, forget paper money, in the eventuality of the kind of event that is forecast the rise in sea levels, an economic collapse is part of the scenario. Prices will depend on how much assets people have. Prices go down in depressions, which is exactly what will happen when the climate debt comes due because people will have less spending power. During the great depression or the Weimar meltdown, when paper money became worthless, people didn't turn to gold, they turned to bartering. Gold and land will actually decrease in value because people won't have the kind of assets that they do today. As you point out, some special pieces of real estate might become more valuable but not all land that isn't inundated will.
Land like @bluntmassa1 's which is far away from the sea and from the sound of it is not in a desirable location -- no insult intended but he isn't exactly living in a destination resort -- will decline in value because of a lack of buyers and a broken capital system. As a source of independently producing ones needs, it will be valuable to those that manage to keep it but how much butter and eggs can be used to buy land?
Not to mention people who don't have money/assets don't buy land they rent no payment well you are going to have to be my slave only we will call it bartering but you are going to work your ass off to rent a place on my land.
But many forms of payment gold, silver, tons of copper, guns. Precious metals will always have value because they ain't paper you don't have any? Well work for someone who has precious metals no dollar that's all that will work don't worry though we will have plenty of gold if the dollar dies Fort Knox will get robbed unless the government has a better solution I know their has been talk of a one world currency.
Property value will go up whether you have the money or not somebody else has the money you best believe. Many preppers with gold and silver and I can charge whatever I damn well please.