For buying a house, isn’t it kinda like the stock market (except way less liquid). Yeah, the prices may go down in a year but someone may swoop in and buy while you’re sitting on the sidelines trying to time the bottom.

But even if we could get relief on inflation, the prices wouldn’t keep decreasing by large amounts forever, right? It’s not like cars would eventually cost negative money and they pay you to take them. At some point the expected savings from waiting aren’t enough to justify the pain of doing without the shiny new thing.