There are cheaper ways to hedge inflation. Also, people with careers don’t really need to hedge inflation especially.

In 1960 rent was about 10% of median income. Today it’s more like 30%. This might sound bad but in 1960 food was 30% of median income and today it’s around 10%. Prices are always relative, it’s impossible for everything to get cheaper. There’s no reason to assume rent is especially prone to this except that it has been over a certain period. Other periods it has been the opposite.

"people with careers don’t really need to hedge inflation especially"

This is like saying, "you don't need to hedge inflation as long as everything goes right"

You don't need to hedge inflation ... until you do.