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OftenBen  ·  3980 days ago  ·  link  ·    ·  parent  ·  post: Is It Better to Rent or Buy?

Sorry I wasn't clear.

Say I, for whatever reason have like $100,000, cash. I purchase a piece of land worth $100,000. This property uses no municipal utilities, and all I do is live on it. I still have to pay taxes, just for living on a piece of property, and if I DON'T pay them, I get put in a cage. No matter where you go, you don't actually own your property.