I’m surely not saying ‘buy now or be priced out forever’, don’t stretch it.
I think you summed it up nicely by saying..”Maybe if you are getting those deals in places where people will want/need to go in the next few years, you’ll make out like a king. First you gotta tell me where those people are going to want/need to go.”
If you can get stuff for half of replacement costs in areas like that then you should do it….that’s all I’m saying…end of story.