bananabm

i don't think that's strictly true - while you're correct that i [as a homeowner, specifically a freeholder] don't own the land, but i own (i think) a title to this plot of land, it's not a 100 year lease - I "own" this land for an unlimited period and i don't need to renew anything ever. not to be confused with leasehold properties (eg flats) where you have a lease, typically ~100 yrs, to the freeholder (who owns the block of flats), that you have to renew.