planck said:
I'm not sure if I could agree with the idea of waves creating reality because this would mean that:
1) space is matter and matter is space.
Maybe there's a fundamental, seamless, undetectable, and hence immaterial, medium corresponding to your
space from which a hierarchy of
particulate media emerge and interact to form what we call ponderable matter.
planck said:
2) space manipulates our perception of the tangible, so it's our limited senses that account for the inability to distinguish between the two.
There's certainly more to reality than we're able to directly sense. If there is a fundamental medium (
space) and it's perfectly seamless, contiguous, non-particulate in it's undisturbed state, then, as far as we can be concerned, it's not a material thing. But, wrt material things that emerge due to disturbances in the fundamental medium (
space), then we are sort of indirectly observing
space after all.
All of this is just conceptual spitballing of course -- though some would argue that a wave theory of nature (including some sort of fundamental medium) might be heuristically more useful than the current trend wrt eventually developing a conceptually unified, more or less
realistic, description of reality toward a true
understanding of Nature. But I wouldn't bet on any of that happening. More than likely, imho, people will be having these same sorts of 'what if' discussions 500 years from now -- and we won't be very much closer to a unifying conceptual understanding of Nature than we are now.
Then again, it's fun to speculate and see connections and so on. Who knows maybe we'll stumble onto something.

It's like the lotto in that the chance of success is ridiculously small, but it we don't play then we CAN'T win.
Good luck with your spatial musings.