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RE: "Mine?" A Deeper Look at the Realities of Home Ownership, Taxes and Government...
Actually, here in the U.S. you hear people say they are homeowners when really the bank owns the home. It does provide some security unless you are late on a payment to the bank and they decide to foreclose.
There is no real security in the world but having your own place whether renting or buying has it perks, privacy.
The good thing in our particular situation is that we do own the property outright... it's not the bank's; even if the property taxes add up to a "small rent payment" if you count the monthly expense. We are also worried about "creeping fees" that are kept off the formal property tax bill: Things like an annual Septic Inspection Fee which suddenly added $300 a year to our living expenses.