The boom-bust nature of the American economy has now spawned ‘ghost tenants’, people who are essentially high-end house sitters. It works like this. Suppose you have a huge luxury house that you need to move out of and want to sell. You don’t want to leave the house empty or with a caretaker because houses are easier to sell if there is someone actually living in them. But you don’t want to rent it out either because that creates other problems.
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