All good points, I think you can look at it in many different ways. Even an investor wants the price to be low when buying and then from that point start going up. The most important thing is relative value and the best way to compare that is by looking at rents. If you can buy a place and have a fixed payment within 10% of rents then in my opinion it is a no brainer. For complex analysis the delta is what is really important,not where is it now but where is it going. I’m of the opinion that it is in most everyone’s best interest if we have inflation,which really does feel weird.
