i used to work with these so called "software architects". they didnt ship any code but wrote articles like this at length that everyone pretended to read.
Architecture of open source applications, which has a free book version available on their site, has that info on some other large desktop applications .
I'm a mid 30s renter also flush with cash, living in a high COL area.
I have found a happy (to me) medium - I invest all of it diversified across low to high risk assets (muni bonds, i bonds, tips, mREITs, dividend stocks, stablecoins, growth stocks), and at this point just the interest/dividends (NOT counting unrealized gains!) almost cover even my crazy rent (3500/month, for the house we are renting which is valued at about 1.5m). I just don't have the time or the energy for a house. Also a house doesn't MAKE anything other than provide shelter. Psychologically it doesn't make much sense to me to "invest" in a single house, tied to one area, such a large % of my networth. My friends bought houses recently, and even the "flips" turned out to be fixer/uppers. The supply is so bad right now you can really get burned.
Once the supply improves - and really this means most of the government distortions disappear, I would reconsider. By government distortions i mean specifically 0) stimulus checks 1) extra unemployment (bonus monthly $, extra time, and expanding benefits to people that would not have otherwise been covered) 2) mortgage forbearance programs 3) student loan forbearance 4) super low rates. i agree at one point these distortions were necessary when we were all hunkered down and hospitals were being overrun, but we are far from that these days.
Massively, they did, yes. By both injecting money directly and taking away the burden of repayments. And this unemployment boost that expired is just one small piece of equation:
1 - unemployment boost
2 - stimulus payments
3 - extending unemployment to workers who would normally be ineligible (contractors etc)
4 - eviction moratorium
5 - mortgage forbearance programs
6 - student loans forbearance
7 - locally available , utilities payments pauses
8 - ppp grants