Sorry but I completely disagree if it's your first home and not a speculative investiment. In an inflationary system, it's much better to have a fixed-rate mortgage backed by fiat currency from a bank than to be at the mercy of your landlord, who can adjust the rent price with inflation.
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And even as an investment, undervalued Real Estate (expecially agricultural land) is oftentimes a better asset class than bond, bills and currency on bank accounts.
Ok, course....Bitcoin and Gold are in another league..
When RE markets enter a secular decline You'll see what happens to Your 'fixed-rate' mortgaged
To be honest, I don't like being in debt, and I'm lucky enough not to have a mortgage or any other debt burden.
However, it's common knowledge that using the leverage to purchase capital assets in an inflationary environment is not necessarily a bad thing. Monetary 'hyper-inflation' will likely compensate for the demographic-driven real estate bear market you foresee. I.e.: real house prices will decline less or on par with the real value of your debt -> all remains basically equal cereris paribus.
