In the Philippines, you get a land title in your name after you purchase and pay it in full. But, there's still a yearly tax that we have to pay, which is called "amilyar" or real property tax. And you're right that we don't truly own it because it seems that we're still renting from the government and have an obligation to pay it yearly. Also, once you sold the property, we're also obliged to pay a lot of fees, capital gains tax, doc stamp taxes, etc. Too many processes and that's why I have come to that idea that if I'm going to invest, much better if I go with Bitcoin and other digital assets that won't obliged me to pay a lot of fees, and taxes after taxes.
Taxes exist in many countries in different forms in our country many taxes even we are buying home or having other things always paying taxes few are yearly it's not problem because countries are running through these taxes here main talk is communism.
I have no enough facts about this but as things are going into China which is also called once communist country, but now they are changing things through deep roots its surely giving positive view while in Russia things have never been like this here geopolitics also have important role.
Few things still need to understand no system is complete because pos and cons are in all with few are taking good limelight due to control on media and few things have never been opened up due to restrictions.