he's probably right on this one actually. in a lot of these comfy white enclaves like i've described, home prices are high but relatively static. they've kind of hit their ceiling in recent years. if anything, it's a decent store of value. leavering up on a huge mortgage here would probably be a massive mistake.  best to either make a much larger downpayment and reduce your amortization schedule to as short as you can afford, or rent and park that capital in a boring index that returns 7-10% instead.
United States