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All the $$$ has migrated to the market its like a huge over inflated balloon and will no doubt explode again, they always blow up a new one soon. Once she's blown that's the best time to get into the market, you can never go wrong with properly bought real estate you have to find that deal

I'd never lead him ever but if it's his choice and he asks for your help the least you can do is steer him in the right direction