Hi Chris
Every person has to follow their own needs
Investors certainly should wait IMHO because for an investor the property is just an article,
just a object to make money from and buying is usually more important then selling
But if the person is young and wants a foothold rather than spending money on trips, grog and sex they can still get a good cash cow, IE a low priced inner area unit with a high cash return
But if you're a family person, a lot of the value comes from living and owning a home of your own, doing your own thing, and whatever you buy now at whatever price will increase in value over time
So what is your category, which box are you in, because it is not a case of one size fits all
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