This arrangement involves individuals occupying vacant properties in exchange for reduced rent and a commitment to deter vandalism, squatters, and general property deterioration. For example, a large, empty office building awaiting redevelopment could be occupied by guardians until construction begins. This provides a cost-effective security solution for the property owner and affordable accommodation for the guardians.
This practice offers a mutually beneficial solution to the problems of vacant property management and affordable housing shortages. It breathes life back into otherwise empty buildings, reducing the risk of decay and criminal activity while simultaneously providing individuals with unique living opportunities. Historically, guardianship schemes arose from a need to protect vacant properties while offering affordable housing alternatives. This symbiotic relationship has continued to evolve and adapt to modern needs.