So you might have a selling wave of new construction for 3 to 4 years before it cycles out.

You need a seller that has to sell versus one riding a wave of an upmarket wanting to get a premium price.There is the component of you living there.

You will want to own that property when that wave of gentrification hits your area.

I'd suggest you not raise your hand or wave to anyone (LOL).I'd get a future assignment agreement with a $10K deposit from that buyer or not buy it!

They go in waves.  

This in turn may cause a “run” on the shadow banking sector as a whole and cause a wave of instability in the credit market in China.

One of two things will happen, she will give you great advice and change your thought processes, or you will realize that you do not run on the same wave length and need to part.

I was wondering if it would be better to be ahead of the wave and look in the directions it is spreading to enjoy the benefits of that future growth without having to pay a premium now.

According to the police, there has been a wave of break-in's in that immediate area since Christmas.

For example - someone's need to sell the house immediately creates a value gap in which they will sell for below-market rates to the first person who comes along and waves a fat wad of cash in front of them, regardless of whather or not that amount of cash is what they could get for the house if they marketed it normally.