General advantages and disadvantages of home ownership near McChord AFB, Washington:

Advantages:
1. Equity building: As a homeowner, you are building equity and invest in a long-term asset.
2. Greater sense of control and privacy: Owning your own home provides you with more privacy and control over the property.
3. Tax benefits: Homeowners can benefit from tax deductions on mortgage interest payments and property taxes.
4. Stability: Owning a home provides a sense of stability and could benefit your credit score and financial stability in the long run.


Disadvantages:
1. Maintenance and repairs: Home ownership comes with responsibilities such as maintaining and repairing the property, which can be time-consuming and expensive.
2. Upfront costs: Homeownership requires substantial upfront costs such as a down payment, closing costs, and home inspections that can be burdensome for some buyers.
3. Market volatility: Home values fluctuate over time, and owning a home may come with some risk if the market takes a turn for the worse.
4. Limited mobility: Owning a home can limit your ability to move freely since you may need to sell your home first before moving to a new location.
5. C17 aircraft are quite loud and frequently depart and arrive from McChord AFB.