Bro I had bought a 1400p 144 Hz LG monitor last year November to upgrade my setup with the launch of RTX 3000 series / RDNA2 Lineup and once the prices hiked up, I thought I'd wait it out. First they said, the GPU shortage will be addressed in a month's time, then they said 3. Then they started to blame it all on COVID. In the end we now know it was a combination of hype created by Nvidia/AMD, the condescending tone of PC gamers towards console gamers which has made a lot of console gamers aware of PC space and they were also waiting to jump ship with the launch of new GPUs, then COVID <Mod Edit> up shipping and frieght costs, then the high demand due to Crypto...
I am no expert, but from my experience and after doing some research on stock levels for these GPUs, the stock market experts say that Q1 2022 we might see levels return to normal (assuming the crypto bubble starts to deflate by then + increase in global production + more frieght and shipping services if COVID is under control by then, i.e. no new strains occur/people are vaccinated) but bear in mind, no one is sure whether the pricing will return to normal, because Nvidia and AMD will now always charge $1000 USD or thereabouts for their 2nd tier card because they have seen people buy them when desperate. You give them no option, they have no option. These companies did the exact same thing when they fixed prices to avoid competing with each other back in early 2000s. This is a lot of ifs and Buts to wait any longer...
Lo and behold I waited 7 months for prices to drop and even now I couldn't find an RTX 3080 anywhere, which is what I wanted for better future proofing due to RT but in Australia here, once they are very scarce, 2. the only one I could find was about $700 AUD More than the RX 6800 XT which I ended up buying for a ridiculous price of $2200 AUD
My advice, don't wait, I checked around for about 1 week for a good deal on Australian sites and when one day an ad popped up from a retailer who had 6800XT for $1700 AUD I was a fool to think "I will buy it tomorrow after speaking to my brother..." and it was gone and the next cheapest model I found I bought. Don't listen to these tech tubers they get fed <Mod Edit> from these companies which they pass down (i.e. HW UnBOXED)
And I have been gaming happily ever since