Buy a house with as little down as possible with a 10 year outlook while interest rates are low and I’d be willing to bet you will be better off financially in 10 years than if you had rented an equivalent house. Even those who purchased during the peak will have some equity in a few years (if they don’t do so already). Don’t do stupid sh*t like take a HELLOC out to buy a hummer and boat and you should be OK.
If the market crashes, the government has made it clear they will be there with the bailouts. It will take a serious economic collapse to leave you underwater on a home in 10 years from now. If such collapse were to happen, your negative equity won’t matter. What will is how much guns/ammo/food/gold/supplies you have stashed away.
