just wtf are you trying to say here? if you are throwing doubt on future enormous price drops, please state your situation,
What I’m saying is simple. Back in 2000, a house like that cost $4000/month. If you’re waiting for 2k or 3k/month, you may be waiting forever. If you can comfortably afford to pay 4k/month and you’re sure that you won’t have to sell for 10 years, you might as well buy today.
It may go down from 670 to 470, if interest rates go up, but you will still be paying $4000 a month.