[tshaddox]

It's a very different form of rent though, namely because the mortgage borrower has a lot of collateralized debt and the mortgage borrower owns the appreciation (or depreciation) of the property (proportional to their equity).

[hx8]

I don't think it is proportional to their equity. The borrower owns all appreciation and depreciation.

[kevin_thibedeau]

A home dweller is paying "rent" to the government as property taxes, possibly indirectly through a mortgage.