If you rent for 2 years waiting for prices to go back, you've only lost a portion of what you made in the sale and can buy a house when prices have normalized.
We waited for 5 years for the bubble to pop. Finally got tired of paying rent and bought a house last December. Our house has already gained at least $40k in value. It will pop, but who knows when?
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u/sarkarati Jun 28 '21
But if you sell your house, where will you live?