Positive aspects of home ownership in Shenandoah, Pennsylvania include the access to nearby parks and recreational activities, a variety of restaurants and shops, and a low cost of living. On the other hand, the negative aspect of home ownership in Shenandoah is that it is prone to flooding due to its close proximity to the river.

Advantages of buying a property in Shenandoah, Pennsylvania include:

1. Affordability - The cost of living in Shenandoah is lower compared to many other parts of the state.
2. Scenic outlook - Shenandoah is set amidst stunning natural surroundings and lush greenery.
3. Tranquility- It is ideal for those who want to avoid the hustle and bustle of the city.
4. Opportunities for Outdoor recreation - The town is near many state parks that offer various outdoor recreational activities like hiking, fishing, and camping.

Disadvantages of buying property in Shenandoah, Pennsylvania include:

1. A declining population - Shenandoah has experienced a decline in population over the past few years, which can result in lower demand in the housing market.
2. Job opportunities - The town has limited employment opportunities, so residents may need to commute to larger cities like Allentown or Philadelphia for work.
3. High poverty rates - Shenandoah has a high poverty rate, so the quality of life may suffer for those who are struggling to meet their basic needs.
4. Extreme weather conditions - The town can experience harsh weather conditions, including snowstorms and heavy rainfall.

Overall, it is important to consider all these factors before making a decision to buy property in Shenandoah, Pennsylvania.