Positive Aspects of Home Ownership in Albany:

1. Low Property Taxes: Albany has relatively low property taxes compared to other cities in Delaware County. This makes home ownership more affordable and allows residents to save money on their monthly expenses.

2. Affordable Housing: Albany also has a wide variety of housing options, ranging from single family homes to multi-family dwellings. This makes it easy for people to find a property that fits their budget and lifestyle.

Not So Good Aspect of Home Ownership in Albany:
Limited Job Opportunities: Albany is a small city with limited job opportunities. This can make it difficult for homeowners to find steady employment in the area, which can make it difficult to pay off mortgages or other costs associated with home ownership.

Pros:
- Lower cost of living: Generally, the cost of living in rural areas is lower than in urban areas. This makes housing more affordable.
- Peaceful and quiet living: The village of Albany is a small and quiet community, which can be an attractive feature for those looking for a peaceful lifestyle or a break from the bustle of city life.
- Tight-knit community: Rural areas tend to have a stronger sense of community where everyone knows each other. This can provide a sense of belonging and safety.
- Potential for property appreciation: It's possible that property values in Albany may increase over time, although this is largely dependent on the local housing market and other economic factors.

Cons:
- Limited job opportunities: Jobs in small towns are often scarce, which can make it difficult to find work or advance in a career.
- Limited amenities: In a rural area like Albany, there may be limited options for entertainment, dining, and shopping. This can affect the quality of life for some people.
- Isolation: The village is located in a very rural area, which can make it difficult for residents to access major cities or travel as frequently as they would like.
- Potential for natural disasters: Natural disasters such as floods and tornados can be more common in rural areas, and therefore residents of Albany may be at higher risk.

Overall, the decision to purchase property in Albany depends on whether the pros outweigh the cons for your individual needs and preferences.