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