Its fall 2008, should i buy a home now before massive inflation happens?

If massive inflation hits will it make it harder for me to buy a home? If I can wait till interest rates go really high then the price of real estate should go even lower. Then I could get a home at an ever better price. Plus by waiting I will be better able to tell if i can survive the financial crisis and not worry as much about whether it will wipe me out and my house gets foreclosed upon.

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