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A housing unit (most likely an apartment building) that perpetually advertises that there are suites available for rent, when really they have none. Usually calling the advertised number connects you to an answering machine where you dutifully leave a message and never receive a callback. Also regularly encountered on rental websites.
Jimmy - There's a nice looking building with a for rent sign.
Bob - Nah, don't bother. It's got one of those permarent signs. Just a waste a time.
by Max Vickens August 10, 2008
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