Should I wait for mortgage moratorium to end?

[Andrew Nieto]

Hello everyone! I recently moved up to Allentown, PA for a new job, and am able to start fresh without having to worry about paying rent due to a family member letting me stay at their property. Obviously this is not a long term plan to stay at said family members place forever, but I have time to be strategic about my next move. I would like to invest in a duplex in the area to start out, but with the shortage of properties and the high cost I'm wondering if it would be wise to just wait for the government moratorium/assistance to kind of die down. Let me know your ideas on this. I feel as if the natural order of houses being recycled on the market has been completely ruined and that there may be a future house dump. 

[Michael Carbonare]

@Andrew Nieto  If you're trying to time the market, any market, it will always be too easy to find a reason that you interpret as "not yet".  If you take a long term buy and hold approach, market fluctuations don't matter as much.  If you take a shorter term approach such as flips/assignments, you're also able to reduce your risk and exposure.