lookout, well, if he can actually see himself and his family being in that home for the next 20-30 years, and his career is solid enough and the commute easy enough that there’s no major changes foreseeable, I would say that qualifies as a forever home.
now it is alwasy important to have an exit strategy. but if he is willing to consider this as a “forever home” and never exit this house under any circumstances, then I think $350000 is a decent buy.
would I want to get into a situation where I have no exit strategy and locked in forever? no. but some people are ok with that, and they should buy if they are ok with that.
