3 ms·
Beats me. But I see it everywhere in my home town. I’m actually vaguely acquainted with the agent responsible for the bulk of it. His specialty is selling homes
by jakear 5y ago
Beats me. But I see it everywhere in my home town. I’m actually vaguely acquainted with the agent responsible for the bulk of it. His specialty is selling homes to absurdly rich Chinese. They typically buy sight unseen, his daughter (friend of mine) arranges for some half livable furnishings to be put in place, and maybe 1 week a year tops they’ll visit.
I believe the people are rich enough that the logistic overhead of even having a property manager rent it out isn’t worth it to them. Better to keep it in pristine condition and flip it however many years down the road.