“Timing a market is fairly ridiculous. There are properties today that can be bough right now that will see very little or no depreciation.”
What you are talking about in the above quote is effectively trying to time the market, just in a different way than what you are accusing other of doing it. You are timing that the market will be level or slightly down and that is why you are getting in, others are betting it will go down, which is why they are not getting in.