Housing is a whole different issue, but it can work but you may have to adjust something to make it work, either location, income, or others. Feel free to drop into the business forum for some discussion. Cash flow can matter much more than actual price numbers for certain moves.
I remember ten years ago people I knew bitching about house prices; those who did something to make it work and bought are doing well, those who complained and did nothing are still complaining. Sure, some had to move to the asshole of the USA (Arizona) but they're doing quite well now, and not in Arizona.
(My dad first purchased a house when interest rapes were 18% - he took the ARM at the time because it could only go up 2% before usury laws kicked in, and it could go down.)
Also I take exception with a line from the last show (good show btw). where Null called the MATI thread an "open air market" - it's more of an open air sewer.