Yeah, at some point (and I think we’re there) people don’t have enough disposable income to make a fixed rate mortgage payment given the valuations and interest rate environment. Even if we return to low 300bps or high 200 bps, the current valuations are outlandish.

It is high school sophomore math. Pretty simple and straight forward in its implications. 

 Renting is the best way to stack sats. It has lots of tradeoffs but from a purely economic perspective there is no second best. Ownership of anything is a costly endeavor. 

 Depends on whether it's asset or liability  

 I think owning some land outside of town and living on it is a great way to stack sats. I'm going feral and don't mind living in the woods, foraging and homesteading ect. for my food. An insulated shed can be a comfortable place to live, saving a bunch of fiat that can be converted to sats 

 My thoughts too.  

 It was the same calculation then as now.   Everyone told me I was crazy to buy.   The value of a house in gold (or BTC) stays about the same - even since 100 years ago.  

The problem for a young person is that interest on a 30 yr mortgage makes the proposition very expensive.  You need a) a large initial equity to reduce size of mortgage and/or b) a shorter term mortgage (e.g. 15 years - higher payments).

In my case, I lived in the unheated attic of my parents garage.  (They begged me to take a basement room, but I was determined to sleep in my underwear in sub-zero weather like those Australian Aborigines and college students in that study cited in Scientific Americ - it worked!  The key is NO wind chill.)  I paid a very small rent and saved up a 25% down payment.   I considered it essential to provide a home for a marriage.  In addition, I made a strict budget,  and paid it off in 15 years.   (Note, there are additional steps I didn't take, like making payments twice a month to reduce total interest.)