“It will take a serious economic collapse to leave you underwater on a home in 10 years from now.”

That really depends if you buy at a stupid price or a smart one. I wouldn’t give an aluminium penny for the finances of some of the people who bought during the April-June frenzy of this year.

Anyway, you should be buying something that cash flows positively AS A RENTAL in this market, and yes, it’s still possible right now.