You know, if I've noticed anything in the past couple years, it's that even if you self-host your own site, it's still going to get hoovered up and used/exploited by things like AI training bots. I think between everyone's code getting trained on, even if it's AGPLv3 or something similarly restrictive, and generally everything public on the internet getting "trained" and "transformed" to basically launder it via "AI", I can absolutely see why someone rational would want to share a whole lot less, anywhere, in an open fashion, regardless of where it's hosted.
I'd honestly rather see and think more about how to segment communities locally, and go back to the "fragmented" way things once were. It's easier to want to share with other real people than inadvertently working for free to enrich companies.
So it's not about owning vs. renting property on the internet, it's about controlling the roads that connect the properties so you can keep the world out of your community.