Like I said, the house is bought on debt issued by a bank. You are not actually a full owner in that you are no longer paying rent for housing. You are paying economic rent in the form of interest to the bank in order to buy the house. The usual term of this agreement is 30 years in the US. The only way to avoid this is to already be so rich that you can buy with cash, which excludes nearly everyone under the age of 50.
Fiscal propaganda usually holds that you are gaining equity, so there's no rent. They even substitute hand-wavy estimates when accounting for housing costs in economic statistics rather than measure what is paid over sticker price. But you will pay a large quantity of money to the bank for the privilege of buying the house and until you have paid off the loan, you are constantly at risk of foreclosure should you be unable to make payments. Just like... rent.
So there is rent in the form of economic rent (debt interest) and there is the rent-like behavior of needing to make regular payments or lose your housing.
Many people are surprised to learn how financially trapped they are by their attempt to gain housing security. This is because they do not expect the financial system to continue to exert quite as much control and for so long, nor for the real price tag to, with compound interest, be often double or triple the sticker price. And that certainly makes many feel, validly, like they don't really own the home.