What's the "pro's and con's" for giving birth at home and in a hospital?

Hospital:
Pros: Safety, so if something happens to you or the baby there are resources to help quickly
Cons: Not as much privacy, have to follow a bunch of rules, and you can’t control how you give birth usually

Home:
Pros: privacy, can do a different kind of birth such as water or standing if you want, you have more control, cheaper
Cons: if there is an emergency with the birth or labor, you don’t have immediate help