[IanCal]

> . “Buy” says you literally are buying the home

As they said, with leasehold or some things with freehold it's not quite so simple.

I used to have a leasehold house, which I "bought" but also sort of rented, or at least rented-ish the land while owning-ish what was within the bricks.

I have a freehold house now, but there are restrictive covenants which technically govern what I am allowed to do to my own property (these are not council/etc permissions but private ones).

[iso1210]

Indeed, until recently I lived in a freehold house which had a covenant saying my hedge could be no higher than 4' high, couldn't change the colour of my front door, couldn't park a van on my drive, that I had to pay a specified private company money each year to do various things, with no say over that company.

The term "buy", at least in the UK when it comes to housing, is a sliding scale.

[anticristi]

I nominate Sweden to be the weirdest country when it comes to housing ownership.

When buying a flat or a non-detached house, you usually fall into an ownership law called "bostadsrätt". In essence, you don't buy a house. You buy stocks in a housing association, which grant you the right to use the chosen flat/house. The housing association is pretty much run like a company, with a yearly board meeting, a CEO, a CFO, etc. Your ownership is proportional to the surface area you bought.

[alistairSH]

It’s not much different in the US. Leasehold arrangements are less common, but still possible, particularly when dealing with “mobile” homes (that generally aren’t mobile at all once placed).