The Residence is a basic building in Boom Beach, but a useful one.
You'll find it under the Economy tab when you're looking to construct new stuff.
It has no real strategic value in terms of defence, but it does supply you with large sums of Gold, especially when you've upgraded it multiple times.
Though you can get Gold from battles, the most sure fire way of earning it is through your residents, so ensure you have plenty of these buildings if you want a booming economy.
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