Is it crazy to buy a primary right now?

[Ross Bowman]

My wife and I are new investors who only own a couple doors.

We currently rent and had planned to buy a primary residence during this time. Covid obviously changed all that and the combination of an insane sellers-market, record low interest rates, and serious economic uncertainty has me second guessing it. 

Should we just keep renting until after the election/winter and then re-assess? Everything's overpriced and I already hate the idea of buying a liability just to live in.

Note: actively searching for house hacks (LTR or STR) but struggling to find promising deals there too.

Opinions on this?