Nice things about Forest City:
1. It's close to many outdoor attractions like Elk Mountain Ski Resort, the Endless Mountains, and the Delaware River.
2. There is a sense of community in the city, with plenty of local businesses and events throughout the year.
3. It is a safe place to raise a family, with low crime rates and good schools.

Not so good thing:
The city has limited job opportunities, so it may not be suitable for those who are looking for more career advancement options.

Advantages of home ownership in Forest City, Pennsylvania could include:

1. Building equity: As you pay down your mortgage, your share of ownership in your home increases, potentially allowing you to build wealth over time.

2. Stability: Owning a home can provide a stable living arrangement and a sense of security, as you don't have to worry about landlord changes or rent increases.

3. Pride of ownership: Homeowners have the freedom to customize and decorate their homes as they please, potentially leading to a stronger sense of pride in their living space.

Disadvantages of home ownership in Forest City, Pennsylvania could include:

1. Expense: Owning a home can be expensive, as homeowners are responsible for all maintenance and repairs, property taxes, and homeowners insurance.

2. Limited flexibility: Homeowners may find it more difficult to move and take advantage of new job opportunities or lifestyle changes, as selling a home can be a lengthy and expensive process.

3. Market fluctuations: The value of a home can fluctuate based on housing market conditions, potentially leading to financial losses or gains.