Living Rent-Free Next to Millionaires

Just off the shore of one of the nation’s most expensive zip codes, a community of free-spirited boat dwellers have found a way to live rent-free next to millionaires. Known locally as “anchor-outs,” their aging vessels float illegally on the waters off Sausalito, an exclusive enclave in the San Francisco Bay Area. But now, as enforcement ramps up, their floating utopia is under threat.

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