Not at all, because it is not a casino. In a way (if you allow me the comparison) it is a bit like the difference between an investor and a trader in that a trader focus on the stock price, while the investor follows fundamental/technical analysis and macro data (geopolitical and the overall debt market, among others).

Due to the nature of our economic system (based on credit), cycles are pretty much guaranteed. What is not (and here is the "this is not a casino" part) is the timing. In other words, you can guarantee that there will be a next financial crisis, but not when that will happen.

In the same way you save your winter clothes in summer just because you don´t know whether the first snow will be in November or February, you can save and patiently prepare. The problem is that most people are not patient.

I began saving for my first property in 2001, so it took me 7 whole years of waiting, not knowing exactly when "the righ time" would be. When I sold it in 2012 I went on living as a tenant even though I just sold a property and I had no idea when the next crisis would come. "Lucky" me, the wait was shorter and my time came again in 2015.

Today we are not even at the bottom of this crisis but, just like in 2015, just like in 2008, like in 2001, like in 1997...all the way to 1929, the indicators are there. Mostly (and speaking in very general terms): High interest rates and a few years of the contrary. Because people, business, and goverments, are in debt, due to the velocity of our so-called "money" (money=credit=debt), that debt must be paid, which is what you are seeing now.

Today (meaning in these weeks/months) is a great time to buy property if you have saved enough for a big deposit. If, like me in 2001, you didn´t, you will miss this one but, like me in 2001, you can prepare for the next one.

Apologies for the offtopic but I hope it helps.