It.. depends.
Historically NFS has had many flaws on different O/S-es. Many of these issues appear to have been resolved over time and I have not seen it being referred to as "Nightmare File System" for decades.
However, depending on many factors NFS may still be a bad choice. In our setup, for example, using a large SQLite database through NFS turns out to be up to 10 times as slow as using a "real" disk.
The SQLite FAQs warn about bigger problems than slowness: https://www.sqlite.org/faq.html#q5