Functionally, there’s no difference. The amount they demand is based off your house’s value, and they take it away from you if you don’t pay. The label is just a detail. And it’s not a trivial cost, I inherited a small, aged, worn out house and I pay over $300/mo just to exist in it. The tax office wildly overestimated it’s value and there’s nothing I can do about it.
Yeah, owners pay taxes to fund the government. But paying taxes does not mean you don’t own something, as if you were renting.
Functionally, there’s no difference. The amount they demand is based off your house’s value, and they take it away from you if you don’t pay. The label is just a detail. And it’s not a trivial cost, I inherited a small, aged, worn out house and I pay over $300/mo just to exist in it. The tax office wildly overestimated it’s value and there’s nothing I can do about it.