All countries have always been governed by the property owning class. With all its faults, capitalism has resulted in “peons” having the most say they’ve ever had. It’s not a lot, but it’s sure better than under classical democracy, feudalism, monarchy, theocracy, and “communism” at least as practiced in the USSR, Cuba, North Korea and China.
If you’re paying rent to a bank, you don’t own your house, at least not yet.