Is the argument that 80 of housing is directly owned by banks or 80% is mortgaged

fuck yeah, cool sticker

Power to the people! Fuck capitalism!

Technically the bank owns 50% of my house, but I’m allowed to live in it in the meantime. But, that’s how mortgages work.

Cool sticker, yes boo capitalism, but that's not how mortgages work, and yes the cops will protect the bank.

People trying to argue that their mortgages are still functionally ownership or that without mortgages you'd have to pay "cash value" really show how propagandized people are. Can't even imagine a economic system where land is distributed differently outside of what they know.

The concept of mortgages is inherently tied to the concept of private property. And yes your lender bank is a boot on top of you.

"Debt incumbent home owners don't go on strike".

the government seems to always have that power, and it will never not piss me off.

I own about 40% of it and the bank owns the rest. I could pay it off and own 100% of it if I wanted to but that's not wise financially.