This question reminds me of the ideas about time proposed by Julian Barbour. Barbour proposed that in a physically meaningful sense all physics that happens is happening simultaneously, and that the directionality of time that we experience is an apparent phenomenon.
There is a logical implication of relativistic physics that I think is related to the thing you are asking about.
If you have an emitter of light (for example a star) and a detector of light (for example a telescope on Earth), the measured frequency of the light arises from the relative velocity between the two. That is: the frequency of the received light as measured by the telescope's spectrometer is not exclusively due to the velocity of the emitter with respect to some luminiferous Aether (since it is assumed there is no Luminferour Aether), nor exclusively due to velocity of the detector.
It is upon detection that the frequency of the propagating light is unambiguous. The information that determines what frequency the spectrometer will detect is a function of the relative velocity between emitter and detector. As long as the progating light isn't detected the status of the frequency of the propagating light is ambiguous.
(The above problem does not arise if a luminiferous Aether is assumed. With a luminiferous Aether there is a frequency event twice; upon emission and upon detection, both determined by the velocity of the emitter/detector with respect to the luminiferous Aether, and while in transit the light itself is in an unambiguous state. I guess this was one of the reasons the 19th century physicists opted to assume a luminiferous Aether.)
One way out of the ambiguous frequency conundrum would be to stipulate that in order to be propagating at all light must be both emitted and received.
Your question is phrased in terms of 'from the perspective of the photon', and from there you give a line of reasoning to suggest that in order to exist at all the photon must be both emitted and received.
I don't think the 'from the perspective of the photon' angle is meaningful. Mathematically: yes: for a photon the amount of proper time that elapses collapses to zero.
In mathematics, the point where an entity collapses to zero is like reaching a point where you are dividing by zero. As we know: whenever you introduce division by zero you effectively introcude infinite ambiguity. So I recommend against reasoning 'from the perspective of the photon'.
That is why I gave another line of reasoning that suggests that in order for light to be propagating at all it must be both emitted and received.