LogFAQs > #966896333

Once inflation goes below like 4% I'm gonna buy a house. At that point mortgage interest rates will still be high, we will be in an economic slump, and house value will be the lowest. Then I tough it out for a few years and refinance once interest rates go down to try to boost the economy.

I know you shouldn't time the market but this type of timing works because most people can't afford to be "ahead of the curve" like this. People aren't going to buy houses when their jobs might be in jeopardy, they are losing money in stocks, and interest rates are sky high.