“But I think debt avoidance strategies will win out in the long term, on average.” I agree with you, but you have to be prepared for the long term being longer

“But I think debt avoidance strategies will win out in the long term, on average.” I agree with you, but you have to be prepared for the long term being longer than a human lifespan. For example, house prices in the Netherlands were arguably at bubble levels for almost the entire 18th century.