Charles Hugh Smith article on MMT (Modern Monetary Theory), page-43

Those with a mortgage technically own their own home becaue the benefit from appreciation; not the money lender.

IMO, you are splitting hairs here.

32% rent so the balance own of which some have loans.

Have a look at the video link re money/debt & the recent release of US banks from fractional lending.
This should be of concern to us down here because the majority ownership of our Big 4 is foreign