When they offered to sell the house, at first I was excited, but then then the selling price was like 3x more than I expected. I didn’t even respond to the realtor. There are also a bunch of vacant units for run and for sale.

I think the price is so high because rich people were tricked into buying an investment property which they could not rent and now they are stuck with a huge loan.

And I don’t mean rich like they can afford to lose 200k. I mean like upper middle class who really need to sell for the amount of their loan.