There are several pros and cons of home ownership in the city of Plainedge, New York.

Pros:
- Plainedge is a desirable neighborhood with good schools, community events, and recreational activities.
- As a homeowner, you have control over your property and can make changes or improvements as you wish.
- Owning a home can be a good investment, as property values in Plainedge have generally appreciated over time.
- You may be eligible for tax deductions on your mortgage interest and property tax payments.

Cons:
- Home prices in Plainedge are generally higher than in other areas of New York state, making it difficult for first-time homebuyers to enter the market.
- Owning a home comes with added expenses, such as property taxes, home insurance, and maintenance costs.
- If you have a mortgage, you will be required to make monthly payments, which can be a financial burden if you are not prepared.
- Unlike renting, owning a home ties you down to that location and can make it difficult to move if you need or want to.

Overall, buying a home in Plainedge can be a great investment and a good choice if you plan to settle down in the area for a while. However, it's important to carefully consider the costs and responsibilities of homeownership before making a decision.