Majority of Hispanic Americans own a home

Re:Majority of Hispanic Americans own a home by fasthands9 on Friday March 03, 2023 @05:32PM (#35015951)

I feel like its a useful metric for lots of issues - especially public policy issues. Even if the bank "owns" the home you get the tax breaks for it and behave like someone who has a self-interest of increasing the value of it.

[ Parent | on HN ]

Re:Majority of Hispanic Americans own a home by nerdchum on Friday March 03, 2023 @11:27PM (#35018171)

none of that matters though to the true definition of ownership which is complete control over the object

people.seem.to want to identify as an owner as it makes them feel good.

[ Parent | on HN ]

Re:Majority of Hispanic Americans own a home by fasthands9 on Saturday March 04, 2023 @12:39AM (#35018511)

youre getting stuck in semantics. if you own a house in the US you still pay property tax and are subject to the rules and regulations around it anyway. the point of these stats is to know who is a renter and who has property they own.

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Re:Majority of Hispanic Americans own a home by nerdchum on Saturday March 04, 2023 @11:04AM (#35021794)

I completely agree.

After you pay off the bank you STILL don't own the property thanks to the government who can take it away.

a homeowner is merely a serf for the government property taxes.

[ Parent | on HN ]