Monday, 7 February 2011

Who owns my house?

(ō'nər-shĭp')
n.
  1. The state or fact of being an owner.
  2. Legal right to the possession of a thing.
Idea of ownership is an interesting illusion. First, you own something if you say you do. Second, that ownership right is confirmed by the government through documents like house deeds. That in turn is backed by police, courts and military.

Great, I hear you say. As long as the society is in status quo, and we have democracy then your right to own your house is solid. Not exactly. If you have a mortgage then the house belongs to the bank. Also, mortgage or not, everyone must pay council tax (property tax), failure to do so risks you going to prison and your house sold.

Historically, property ownership came about after abolishion of serfdom (ownership of lower classes). It is a handy way of tying people to their property, so they work to pay for the upkeep and do not make trouble for fear of loosing something. In effect instead of serfdom, people are owned by their property and property is really owned by the government.

30 comments:

  1. Gah! Mortgages, don't remind me :(

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  2. You buy a house. You pay taxes for the legal shit for buying it. You pay taxes for the land where your house is located. But if you fail to pay those, they take the land WITH your house as well.



    Sounds logical, huh?

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  3. "This planet has — or rather had — a problem, which was this: most of the people on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movements of small green pieces of paper, which is odd because on the whole it wasn't the small green pieces of paper that were unhappy." - Douglas Adams

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  4. That's a great quote. Sometimes the biggest problems can be condensed to the smallest cause.

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  5. I have only child syndrome so I think I own your house

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  6. I suppose you technically never really 'own' a house per say. Right?

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  7. so then can i own a piece of the moon? or outerspace?

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  8. http://www.moonestates.com/ This website sells land on the moon.

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  9. I like the way you use words, sir.

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  10. I think the Native Americans had it right, nobody owns anything.

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  11. hmm, what about private banks ?
    if they own your property, just just roughly act democratic...

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  12. We do not own anything in life.

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  13. I will post about banks in the future. They are the most interesting ones, will probably take two or three posts

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  14. Quite helpful also I found out any land you own you acctully only own six foot deep, anything below this belongs to the state

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  15. i agree "b" think the Native Americans had it right

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  16. In our days the bigger your property is the higher your class will be in the community.

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  17. We don't really have anything in life.....since everything can be easily taken form us in an istant

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  18. Yep it's how the world works. A house will never technically be fully "yours".

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  19. you never really own anything. Even when u own a video game you only own the physical disk but the company that made the game is only giving you the right to use their software on the disk.

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  20. what happens when everything is owned.

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  21. Ireland and the uk definatly not sure about anywhere else

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  22. heavy.

    I never thought about it that way

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  23. You own your house, but no one owns the ground underneath it, how can all these rich people buy the land? it was no one's to own in the first place :(

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  24. property means everything in out world!

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  25. something to think about for shure

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  26. we don't own our possessions, our possessions own us.

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  27. Interesting post, you should look up adverse possession if you're interested in property ownership.

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