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Why can't I time this market?

Reading posts about waiting to buy during the pandemic because of high prices and responses that say people are silly for trying to time the market.

However, isn't this an example of a time when you could time the market? We know that demand is artificially high right now for SFH because people want bigger living spaces and yards, they are bored in the cities, etc. As a buyer, if I'm confident that things will go back to normal in 2 years and I don't mind waiting why can't I time this market and assume the market for SFHs will soften? Everyone paying high prices right now is paying a premium for the luxury of space right now - "timing the market" is just waiting for that right now premium to subside after the pandemic.

Where am I going wrong? Are house prices too sticky to fall once the demand decreases?

submitted by /u/Annual_Telephone
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/jkmzyc/why_cant_i_time_this_market/
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