Ed Haywood
En-Route
But if I don't complete the turn, things aren't going to be any worse.
This is the flaw in your logic. If you do not complete the turn, you are going to impact when and where you run out of altitude, regardless of what obstacles are there. You give up the chance to select the most suitable location and heading for a crash landing. That is, if you do not drop a wing trying to stretch that last bit of glide, or clip a wire or palm tree you did not see until the last minute.
If you are below your minimum turn back altitude and you decide to land straight ahead, then you have more time to pick the least hazardous impact point, and put yourself on a glide path most likely to contact the ground under control.
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