Buy now! A lot of great properties are going cheap. Who cares about vacancy rates? the population isn't imploding, so someone will want those rentals again. I recall something about Trump buying a particular near-empty building on prime land for next to nothing, hanging onto it for a while, then renting/selling it for enormous sums.
what are those properties worth if when you sell them, you take payment in “DOLLARS”?
Why dollars? Take payment in whatever you like. If the dollar has collapsed, take yen or euros or gold or art. SOMETHING will be of popular value.
Currency is just a conduit for wealth. If you have enough of it now, you can turn it into deflated investments which will bloom later.
Both public (not government) sector firms and private investors will make money in the upcoming years. I am not convinced that Goldman-Sachs is getting some sort of great deal that the private sector can’t tap into. If nothing else, people can buy stock that will grow in value.
Yes Goldman-Sachs was bailed out. A lot of private sector folks have had their mortgages bailed out too.
Look, this sucks to you and I. We agree on a lot here.