Everything is cyclical. Just ask the people in the lumber business. Those who paid big bucks for lumber a Month or so ago are hating life about now.
Sometimes the best thing you can do is just wait it out. Trying to 'time the market' is mostly a fool's errand, it's just that you can't panic every time there's a price increase, a shortage, or a run on something.
Same thing is gonna happen here. Competition will appear out of nowhere, demand will slow, raw material prices will drop, people who actually need to pay the rent now will be looking for work...... It's all cyclical.