Here are some potential advantages and disadvantages of home ownership in Lansing, Ohio:

Advantages:
- Building equity: As you pay off your mortgage, you build equity in your home. This can be a valuable asset in the long run.
- Stability and control: Owning a home can offer a sense of stability and control over your living situation. You won't have to worry about a landlord raising rent or not renewing your lease.
- Tax benefits: Homeowners can take advantage of tax deductions for mortgage interest and property taxes.
- Pride of ownership: Owning a home can give you a sense of pride and accomplishment.

Disadvantages:
- Risk of asset depreciation: While real estate typically appreciates over the long term, there is always the risk that your home's value could decline, particularly if there are economic or market downturns.
- Maintenance costs: As a homeowner, you'll be responsible for the maintenance and upkeep of your property, including any necessary repairs or renovations.
- Upfront costs: Buying a home typically requires a significant upfront investment, including a down payment, closing costs, and other fees.
- Less flexibility: Owning a home can be less flexible than renting, as selling a home can be a more complicated and time-consuming process.

It's important to note that the advantages and disadvantages of home ownership can vary widely depending on your personal circumstances and goals. You may want to weigh these factors carefully and consult with a real estate professional or financial advisor before making a decision.