Don't buy a home if you can't afford it

[Brandon Stone]

I see EVERY realtor on IG/ TIK TOK/ whatever; saying it's going to get more expensive to buy a home if you wait. You are a pumper.  The inventory problem has not corrected itself, so prices could continue to rise, and if there is an interest rate drop, house prices could boom. This is assuming that all things remain constant. This leads me back to my point, do not buy a house, or real-estate, if you can't afford it. If people actually start waiting for interest rates to come down, this will help bring the inventory back up. Additionally, I could potentially see tons of people defaulting on their mortgages if they continue to buy places they cannot afford. I see this as the only way we move into a recession. Please do not FOMO into deals, as this could cause much market pressures. Take your time, wait for rates to drop, and inventory will begin to come back if we take this attitude as a collective. If you can afford to keep buying, be my guest! Now is not the time to gamble though. Save money, live comfortably, and wait for your moment.

Thoughts?