“I believe this is a very temporary...”
I agree 100%! So, let’s say you decide to sell now in a hot market. Whatever increase you experience will only be taken out when you buy on the other side. Secondly, as the unemployment stays very high (now at 8.9%) there are not going to be enough people to sustain this bubble. So, expect a big decline when defaults begin to creep up. If you are a big time gambler, then by all means sell now and hope for the best. Your odds might be better in Las Vegas, though.
I believe anyone who can make temporary arrangements might opt to do so then buy back in when things settle down; I also think anyone with property in the new expanded “sh!thole” zones should sell because I don’t see any recovery for those areas at any point in the coming decades. On top of that, they are often in areas where ChiCom virus lockdowns have seriously impacted tax revenues, so the prospects for those areas are even dimmer.
Many of these sh!tholes are banking on a bailout from “President Joe Biden”; turning them from tax generators to just more outstretched palms doesn’t bode well for any normals/makers there.