WE own our home outright and also 7.5 acres outright.I do have a mortgage on a home we planned to sell but if worst comes to worst the bank could ahve that back it is still woth more than is owed on it.FIL has 30+ acres in the same shape so we should be ok no matter what.I worry about my Mom she is on social security but I’m sure out of the 3 of us kids one of us can take her in.Have garden started in basement under growing lights am planning to plant a huge garden this year at FIL’s place.He also has chickens and raises beef every year if we need to add another for us I will.
This works until the local government has to raise the valuation to drive enough tax revenue to pay the firemen, police and themselves. If your source of income doesn’t inflate at the same rate, for example as a full-time farmer who can charge $10,000,000 per bushel, you lose that property and the house.
Like you, I used to think land was the answer, if for no other reason that I could become a dirt farmer. But a look at Weimar Germany during the hyperinflation period is more apt that the US Depression period of the 1920’s.
Thus, the things to hold are the things you can MOVE. Compact stored food, tools, industrial metals (not just silver & gold), and your brain. If this can be stored on your land and you land made to look abandoned/uninhabited (including from the air), then you may be fine. Otherwise, a moter home and trailer might be the way to go.
Until the cops review your electric bill and decide you're growing pot.