In general, there are some advantages and disadvantages of home ownership that could be applied to any area.

Advantages of home ownership include:

1. Building equity: Over time, the value of the home may appreciate, which means the owner's equity in the property will also increase.

2. Stable housing costs: Owning a home can provide some stability in terms of housing costs, as the mortgage payment will remain the same if it is a fixed-rate loan.

3. Tax benefits: Homeowners may be able to deduct mortgage interest payments and property taxes from their income taxes.

4. More control: Homeowners have more control over their living space than renters, as they can decorate and renovate the property as they see fit.

Disadvantages of home ownership include:

1. Maintenance costs: Homeowners are responsible for all maintenance and repair costs, which can be expensive and unpredictable.

2. Less flexibility: Homeowners may be less flexible when it comes to moving, as selling a home can be a long and complicated process.

3. Commitment: A mortgage is a long-term financial commitment that can last for 15, 20, or 30 years, and sometimes longer.

4. Fluctuating market: The value of a home can fluctuate based on market conditions, so it is not always a guaranteed investment.

These are some general advantages and disadvantages of home ownership that may be applicable to Rising Sun-Lebanon or any other area. However, it's important to conduct market research specifically for Rising Sun-Lebanon to better understand the local housing market and community dynamics.