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Land or farms in the US are extremely likely to transact their value or production in dollars, so you'd still be exposed. Believe parent's comment was that you
by ethbr0 3y ago
Land or farms in the US are extremely likely to transact their value or production in dollars, so you'd still be exposed.
Believe parent's comment was that you would want something where no/minimal part of its 'value ecosystem' touches dollars.
E.g. Chinese real estate, with rent paid in yuan and sales transactions happening in yuan
- than3 3y agoAnything which collateralizes in the currency would be exposed. Additionally, you may want to re-watch the China Hustle. They have no laws protecting foreigners from theft/fraud. Its encouraged. The yuan also has its own issues.
- ethbr0 3y agoI'm in no way suggesting one invest in Chinese real estate. Governments with xenophobic and nationalizing tendencies tend to be poor bets for private investment. Picking up pennies in front of a steamroller, etc.