You do not have to have own a large house to own a large dog (although a tiny apartment is not going to be big enough for one of the giant breeds). If you can take him outside for a good hour of two of exercise every day... a large dog can live in a small house or apartment just fine.
Dogs with short coats also have another advantage. It is easier to find ticks and fleas on their body. You probably spend eight times as long searching for fleas and ticks on a dog with a long coat than you do on a dog with a short coat.
If you do not like loose dog hair and do not want to be vacuuming the house every day, then do not buy a high shedding breed. If you own a high shedding dog you will find hair everywhere! Including on your clothes, on your furniture, in your bed, and even in your food. Additionally dogs that have a high shedding rate need to be brushed more often to brush out the dead hair.
Dogs can either serve as watchdogs or guard dogs or both. A watchdog s job is to bark and raise the alarm when a stranger enters your property. Their job is to warn you. Many small dog breeds make great watch dogs. Whereas a guard dog s job is to look intimidating and protect his family by keeping intruders out. Some breeds are great guard dogs but not great watchdogs. And vice versa. And a few breeds are both great guard dogs and great watchdogs.