My point about real estate vs investing is that your primary residence is NOT an investment. It's overhead/cost... and it's a time proven fact that the stock market outpaces ANY other investment including real estate.
If you want to invest in real estate as an INVESTMENT -- that is an entirely different discussion. I own commercial and residential investment properties. But they are INVESTMENTS not my primary residence.
My point to the original question was to invest the most he can since he's young - and put as little down as possible in his primary residence. Since everyone has costs of living somewhere - just make it that. And make some money in the invested assets.
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