It is simply a risk play. We would all agree that buying the home may not be the best choice given the market conditions etc… Yet he will not have to worry about not paying the mortgage. I am in pretty much the same boat. We will be putting alot of cash down on a home. I cringe when I think about the return I “could” get with that down payment but my wife always reminds me about how much money I “could” lose on the flip side.
Anyways I think the point of the post was to question how you finance the home, not to beat the guy up for buying the home.