Do you currently own the home you live in? (If still living at home, do your parents own your home?)
Paid off home
No. I did own a house once, but I've been renting since 1990.
My parents instilled in me the need to be able to pay for something entirely before ever purchasing anything. Therefore, we've never had a mortgage or a car payment, we just have to manage our money well.
Technically, the bank owns it until we have it paid off.