Communism, is it that bad?

In communism, nobody owns anything although they claim the people own everything. How do you collectively own your home? You work hard and get no more than what you need. In other words, forget about shopping for the next new techy innovation. Forget about looking for a better job to improve your lot in life. It will be illegal. You'll have no rights and no person hood. You are one of many and will never become anything more. Think of an ant colony.