No, he's not right. He is a young person looking for love in the wrong place. The reality is, all people are material to some extent--the more you have, the more you expect someone else to have so that they don't suck you dry. That should work for both men and women. All of us ladies know of a man who complains about money spent by his woman. She has obviously never had her own. As for your friend dating someone because she is white--good luck. People are people and there's good and bad to go around.