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own a home

Discussion in 'General Chat' started by jbzcc, Sep 3, 2008.

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  1. #1
    Why do majority of people claim they own a home when they are still paying for it every month?
     
    jbzcc, Sep 3, 2008 IP
  2. Boo

    Boo Peon

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    #2
    if you borrow some cash from a buddy to buy food, is it his food then ?
     
    Boo, Sep 3, 2008 IP
  3. Allen91

    Allen91 Peon

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    #3
    Off course that's your home, but not your house. Home and house is two different things.:p
     
    Allen91, Sep 3, 2008 IP
  4. Crazy_Rob

    Crazy_Rob I seen't it!

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    #4
    People own the equity and nothing more....EVER!
     
    Crazy_Rob, Sep 3, 2008 IP
  5. Business_in_2008

    Business_in_2008 Peon

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    #5
    I own my apartment room damnit. :)
     
    Business_in_2008, Sep 3, 2008 IP
  6. mimm

    mimm Banned

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    #6
    Because they need to speak efficiently.
    For example,     "Please come to MY HOME tonight, baby."
    They hate to say that in this way, "Please come to SOMEONE'S HOME THAT I AM PAYING FOR EVERY MONTH, baby."
     
    mimm, Sep 3, 2008 IP
  7. Prune

    Prune Well-Known Member

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    #7
    Don't even let this kind of semantic issue bother you.
    Dont give it another thought.
     
    Prune, Sep 3, 2008 IP
  8. jbzcc

    jbzcc Peon

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    #8
    :)
    just wondering not worried or troubled a bit!
     
    jbzcc, Sep 3, 2008 IP
  9. ricelover

    ricelover Peon

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    #9
    Exactly. :)
     
    ricelover, Sep 3, 2008 IP
  10. CPALeadTroy

    CPALeadTroy Active Member Affiliate Manager

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    #10
    Even if your house is paid for, you'll find out who really owns it if you stop paying your property taxes :eek:
     
    CPALeadTroy, Sep 3, 2008 IP
    kentuckyslone likes this.
  11. lycos

    lycos Well-Known Member

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    #11
    Well they own a right to stay at their home by paying a monthly rent. It depends on how you interpret it.
     
    lycos, Sep 3, 2008 IP
  12. SEOpaw

    SEOpaw Peon

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    #12
    Beautiful just so beautiful thought to unstressed us all a bit
     
    SEOpaw, Sep 3, 2008 IP
  13. dairyman

    dairyman Notable Member

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    #13
    Owning a home gives social security and that's why people say I own a home, although it may be rented... :)
     
    dairyman, Sep 3, 2008 IP
  14. nitinleew

    nitinleew Well-Known Member

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    #14
    Maybe it's Property management fee
     
    nitinleew, Sep 3, 2008 IP
  15. jbzcc

    jbzcc Peon

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    #15
    I enjoyed reading all of your comments, thanks everyone :)
     
    jbzcc, Sep 4, 2008 IP
  16. tradeya

    tradeya Notable Member

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    #16
    Because they already got the ownership of the house. Just pay it as installment doesnt mean it doesn't belong to you. If you dont want to pay you can sell the house and use the money to pay your debt or ask the seller continue paying the installment.
     
    tradeya, Sep 4, 2008 IP
  17. donlin

    donlin Active Member

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    #17
    You got a choice, you can pay rent, or pay taxes. If you make payments and pay taxes, theres really not a whole heap of difference, except making payments on ownership builds equity.
     
    donlin, Sep 4, 2008 IP
  18. kentuckyslone

    kentuckyslone Notable Member

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    #18
    EXACTLY! If you have to pay taxes on something (I mean more than when you first buy it) then you do not own it - the government does.

    We (in America anyway) think that we own our vehicles, houses, etc. but we have to pay taxes to the guvna basically for the right to keep and use them. If we actually owned these things why would we have to pay taxes on them year after year?
     
    kentuckyslone, Sep 4, 2008 IP
  19. stylish

    stylish Banned

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    #19
    You got a choice, you can pay rent, or pay taxes. If you make payments and pay taxes, theres really not a whole heap of difference, except making payments on ownership builds equity.
     
    stylish, Sep 4, 2008 IP