Quoted from luckymoey:
I wouldn’t count on a real pullback when things ease. It’s an ultra niche market so timing pricing is even more of a roll of the dice.
I would because if there is a recession everything is coming down. Remember a lot of people are paying crazy prices for everything from lake houses, boats, to collector cars because the market is HIGH! People are making a lot of money off the market when or if the market crashes with the economy people will pull back.
Even Biden is saying the economy is headed for a recession therefore asking for 3.5 trillion and raising debt ceiling to stave off the inevitable. When the market crashes everything is heading back to earth. As the old saying goes what comes up must come down. I hope things stabilize without a recession but who knows everything is out of control.