He bought the house in a prime locality of the city, not to live there, but because he wished to sell off the property for a decent profit.
He sold it, as he had planned to. The man who bought it, did not intend to live in it. Instead, like the previous owner, he sold off the property for a decent profit. The next person who purchased the house did not plan to live there either, and sold it off for a profit as the previous buyers did. And so on.
None of the owners ever lived in that house. Liverlessly though, the house went on living where it was built to live. Till it was too old to live any longer.