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Eloquently stated.
I anticipate housing prices to stabilize due to higher interest rates, but income will increase from inflation thus allowing easier qualification for the loan. At some point during the recession, sales fall and while the value of the house may increase there may be an increase of anxious owners wishing to divest. This is the point to go house shopping and having ones house purchase ducks aligned enhances that prospect.
Having stable or declining expenses while your income increases is a good strategy even if hampered by inflation.
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casual notes from the underground:There are some "experts" out there that in reality don't have a clue as to what they are doing.
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