Personally I think the market is on its way down. 10% to 15% maybe 20%. But who knows how long that will take. Could be a year, could be 5 years.
Do they need a place to live? And they have the cash? If so I wouldn’t care what the bank thinks, as long as they could be happy there 5-10 years. Because in the long run, who cares if there is a short-term dip in prices.
If it is for investment purposes…I dunno. My gut tells me it is not the time for investment purchases. But what do I know.
