Is the Market Too Hot to Invest?

[Chris Gorman]

Hi!

What are people's thoughts on investing in this market? I'm hesitant - should I be? If I'm a buy and hold multi-family investor, should I care about buying at the peak of the market (which I believe we're at) if my cash flow is acceptable? Prices seem to be insane in the northeast (NYC/Boston/Philly/DC). If I'm looking at comps to help with my decision making, but those comps are also inflated, shouldn't that give me pause?

Would love your insight.

Thanks,

Chris