I have seen it argued that sells at auction does not admit the possibility of not selling it. I do not remember if that was tournament rules or not. You can then buy it for a dollar, if you like, it won't change the results.

If you're going to rules lawyer, you gotta do it all proper like.

I'm not arguing this will necessarily make the game any longer, I'm just saying this isn't a by-the-actual-rules game. It shares this in common with probably 99%+ of all games of Monopoly that are played.

It is not uncommon for games to fail to cover cases in the rules, such as nobody even bidding a dollar for property in Monopoly. Jenga sort of crashes if you get the game into a state where there are no more levels with removable pieces, or at least strictly read mandates that the next person to move is a loser, which is an undesirable outcome.

Or the auction does occur, someone bids all of their money, and the next turn that person goes bankrupt (making the game take, what, 5 seconds?)

Or the bid goes through with $1.