Quote:
Originally Posted by Nomad9
Replied to the other poster before seeing this, but yeah, I’m staying out for now. I don’t expect prices to burst/crash like the late 2000s, but I’d at least like everything to stabilize before jumping in.
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that's wise, IMO.
you don't necessarily need a cataclysmic crash like 2008, but even just waiting out the market to a point when you don't have to go up against dozens of other instant-bidders, and put up 10% or 20% or more above asking just to "win", is probably smart.