Lol. They literally do own that property. They'll even sell it off for drugs or whatever as if they did own it. It's a very rare case that police will get off their asses and retrieve "your" stolen property. You can give them a GPS signal to the property and they still won't do it. Believing in this "posession/ownership" dichotomy is just as delusional as believing in imaginary intellectual property. It's just a flat out denial of the reality of things.

You know what's funny? In my country, Apple's security is more effective at deterring criminals than any of this "ownership" crap. A stolen iPhone is basically a brick that's worthless to anyone else. So they'd rather target Android phones instead which they can more easily reset and pass off as some used phone they own.