The market is at the top in most places, so sometimes it’s better to be a renter and wait for a good buying opportunity. Wish him best of luck as every locality has its own market.
It's great there are a lot of renters around. That's what makes being a landlord worthwhile.
Not at the top here. Plenty of renters and good renters can be found. The tax breaks will be good for him in the long run and this will be practice property for him to learn the business and how to manage it.