this post was submitted on 09 Apr 2024
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Economics
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Maybe such a free market solution just lacks a problem. In other words, maybe squatters aren't really a big deal in the first place.
Its a problem in the sense that it happens rarely but theres some absolute horror stories. I can see why some people might want the house taken care of by a live in caretaker until they can rent it or move in.
The US federal minimum wage for someone for 24hrs 7 days a week is like $1200ish dollars a week, but you're providing housing but not in a traditional sense, but they would be expected to do basic maintenance chores, then who pays the utilities?, etc, etc.
Im just saying that the idea is viable but you would have to do a LOT of legal legwork on a state by state basis to keep everything fair and above board for all parties.