One aspect that is avoided here is that it’s basically impossible to be a lifer unless you were able to time the housing market. Taking lower wages just isn’t p

One aspect that is avoided here is that it’s basically impossible to be a lifer unless you were able to time the housing market. Taking lower wages just isn’t possible for people under 30 if they want a home. If you bought in your early 30s and are now in early 40s - congrats you’ve missed an entire decade of insane housing cost inflation. You’re able to afford to not job hop whereas people who haven’t bought just don’t have that option.