Meaning of ghost home | Babel Free

Definitions

A residence intentionally kept vacant by an absentee owner, especially a foreign investor, as a financially safe asset to be liquidated at a convenient time.

idiomatic

Examples

“The house is an example of what is popularly referred to as a "ghost home," a property owned by a nonresident (sometimes noncitizen) who has no plans on ever moving in.”

“So then we get to the deliberate ghost home investors. How do we tell that the empty flat has been purposely left unoccupied?”

“The outcome of the new tax is being watched closely as cities around the world struggle with the rise of so-called ghost homes: scarcely used residences in prime urban locations seen by investors as a safe way to park their cash.”

CEFR level