Here are some pros and cons of home ownership in Lawrence, Massachusetts:

Pros:
1. Affordable Home Prices: Compared to some of the surrounding areas, Lawrence is relatively affordable when it comes to home prices.
2. Diverse Community: Lawrence has a diverse community, which can be a positive attribute for those who want to immerse themselves in variety of cultures.
3. Good Location: The city is located close to major highways and a commuter rail, which makes it easier to travel to other parts of Massachusetts.
4. Potential Investment: Homebuyers may be able to get more for their money in terms of property size and condition. This could lead to a higher return on investment down the line.

Cons:
1. High Crime Rates: Lawrence has a high crime rate compared to the national average, which could be a deterrent for some homebuyers.
2. High Property Tax Rates: Massachusetts has high property tax rates, and Lawrence is no exception. This could make owning a home more expensive in the long run.
3. Limited Job Opportunities: Lawrence has been experiencing a significant shift in its economy in recent years. Many of the jobs are now located outside of the city, which may be a challenge for those who want to live and work in the same location.
4. Poor School System: The public schools in Lawrence have struggled with underfunding and low performance. Families with children may want to consider the quality of the local schools before buying a home.

It's important to analyze the pros and cons of home ownership in Lawrence, MA before making a decision.