No, it's not. It's the best advice I was ever given, speaking as a divorced from a "Thai that wanted me to buy her a house" man.
Yes, it was...
"...dishonest, ill-informed, scaremongering "warning" that has no credibility in general".
You're conveniently ignoring that I used the phrase "in general" whilst your personal example was one specific. In general, your warning was dishonest, ill-informed, scaremongering and that had no credibility and I'm speaking as being twice-divorced from Thai women, neither of whom wanted me to buy them houses as part of the nuptial arrangements.