Lyric discussion by noydbyj 

Cover art for Riches and Wonders lyrics by Mountain Goats, The

The "i want to go home/but i am home" line is clearly the key. And here is what it means (at least to me). It is not about a house, or an actual physical place. The first part is about the metaphysical "home," where you feel safe. It is about the place where you are taken care of, with people who love and will protect you. The second part is the fact that the metaphysical "home" does not exist, or at least is impossible to get to, and we have to settle for where we are.