Have and Hold - Market Phases

[Kevin Riven]

Please pardon my ignorance but this is why I am making my first post, help me understand.

We’ve all seen the market phases chart explaining:

Phase 1 - Recovery

Phase 2 - Expansion

Phase 3 - Hypersupply

Phase 4 - Recession

I understand why this is valuable to certain types of real estate investors but I’m failing to find much more understanding short of obtaining the best price when you buy a piece of real estate for the “Have and Hold” Real Estate investor.

So... as a have and hold real estate investor, why do I care about market phases beyond obtaining the best price?

Thank you for your time and attention.