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?
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.