New Haven, Connecticut has several advantages and disadvantages when it comes to owning property. Here are some of them:

Advantages:
- New Haven is home to several prestigious schools and universities, including Yale University. This means that there are many job opportunities in education and related fields.
- The city has a diverse range of industries, including healthcare, biotech, and finance, which also provide job opportunities.
- New Haven is located near the coast, offering easy access to beaches and waterfront activities.
- The city has a rich history and culture, with a variety of museums, theaters, and landmarks, including the famous Pizza.

Disadvantages:
- New Haven has a relatively high cost of living, which can make owning property expensive. Housing prices tend to be higher than the state average, with the median home value being around $201,848 (according to Zillow).
- Some neighborhoods in New Haven may have higher crime rates, which could affect the safety and security of your property.
- Public transportation in New Haven is somewhat limited compared to other major cities, which could be a disadvantage for those who rely on public transportation for work or leisure activities.

It's important to thoroughly consider these factors before making a decision to purchase property in New Haven.