>>60617134>I hope the next big recession will drive the prices low enough to be able to do this.See the problem with this is...
It's not simply just a recession that is needed...
The world is just too awash in currency/debt.
A slowdown in the economy is not nearly enough of a catalyst to usher in a great amount of currency/debt destruction.
The outstanding amount must shrink greatly in the midst of a big global crisis for prices of assets and "desirables" to even have the chance of coming down.
You will not be able to "buy" a house for 20%, 40%, 60% cheaper IF everybody else also kept all of their money OR is still reasonably able to get a mortgage or finance.
People greatly underestimate the calamity it would take for prices to come down significantly.
And of course, everybody thinks they would be able to keep theirs during this period.
Guess what? If that were to happen... well... prices wouldn't come down much, would they?
>tl;drIt's all fucked and if you want lower prices you are literally betting and hoping for pain and misery of apocalyptic proportions.