I get absentee landlords as a problem. I would totally not feel comfortable buying property like that, I put off buying a home after 2008 because I wanted to live abroad and didn't want the headache of owning something I couldn't take care of directly (I still kick myself for this, since I could have save $500k or so). The squatter problem is only one, but where I live property owners are held to a lot of crazy standards (don't let the half dead tree crush your neighbors house, but don't cut down the tree either, because we really love trees here!), there are just so many headaches in owning property remotely like that the hard way.

But I see that as no excuse to take my property away if I'm doing everything right. And the squatters can't tell who is absent and who is just on vacation. We have to deal with this problem seriously.