I don't have access to hyper-local data about Long Neck, Delaware, but in general, here are some advantages and disadvantages of home ownership that could potentially apply:

Advantages:
- Building equity: Owning a home provides a way to build wealth and accumulate equity over time.
- Stability: Homeowners have more stability knowing they can live in their home as long as they want to and not worry about a landlord raising rent, selling the property, or not renewing a lease.
- Pride of ownership: Homeowners can take pride in their property and customize it to their liking, without the constraints that often come with renting.
- Tax benefits: Homeowners can benefit from tax deductions for mortgage interest and property taxes.

Disadvantages:
- Cost: Homeownership can be expensive, and it can take several years to build equity in a home.
- Maintenance: Homeowners are responsible for all upkeep and repairs on their property.
- Less flexibility: Homeowners may not be able to move as easily if they need to relocate for a job or other reason.
- Market risks: Property values can fluctuate, which could leave homeowners with less value in their property than they've paid for.

It's important to research and consider the unique factors of the Long Neck community when assessing the pros and cons of home ownership in the area.