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b_b  ·  4000 days ago  ·  link  ·    ·  parent  ·  post: Is It Better to Rent or Buy?

A loan is a covenant between private parties. It's co-ownership in which one party has a lot more power, to be sure. But you have the deed. You have the right to dispose of he property in whichever way you prefer. Keep up your end of the bargain, and no one can take that away from you. It's not similar to renting in any way except that you typically have to meet a monthly obligation.