maykbe... so you want rates to go up, so house prices will go down....what is the difference.....you either pay more in interest on a lower priced house...or you pay lower interest on a higher priced house... there is not much difference, in the end.....unless you are looking for that mystical 50% drop in prices.....
I suggest you just keep waiting for that scenario to play out.....and I hope it does for you....
I am damned if I would be buying in the inner suburbs today....with stupid people bidding 100-150k's more than your price....
I had to wait 5 years to find one property once....it was a very specific location.....there were no props for sale in that specific area for the 5 years.... in the meantime I missed out on a couple of bargains, in the next location, 200 metres away....
