Do you think I mean salaries will go up? That's not what a "buyer's market" means. It means there's more supply, so the buyers (employers) can pay less than in the past.
Assuming you understand what I meant: As for being naive, that's hardly true; my opinion comes from experience. When the bubble burst in the early 2000s, you saw a ton of developers looking for work. This pushed salaries down, even for senior and advanced developers.