own a home

September 5, 2008 4:10am CST
Why do majority of people claim they own a home when they are still paying for it every month?
1 response
@Beaver72 (446)
5 Sep 08
I guess because they aren't paying rent to someone to lease what is technically the home of whoever they're renting from. If you buy a car on credit do you say its the credit companys car or do you say 'its my car'? I think almost everyone would use the latter statement. Just because something isn't fully paid for doesn't mean its not yours