I've seen this effect a few times with housing. When viewing either apartments or shared rooms, not being discerning enough at the advert stage has resulted in

I've seen this effect a few times with housing. When viewing either apartments or shared rooms, not being discerning enough at the advert stage has resulted in viewing some absolutely terrible places - damp, poorly heated, unmaintained, and the sense from interacting with the landlord that their MO is firmly "slumlord". The really surprising thing is that the rent demanded for these places is often not much less than the rent for a much nicer space in the same area of the city - maybe £50-£100/month. I think when supply and demand meets minimum wage you get an incredibly non-linear effect in bang for buck. I'm sure there are exceptions (the property market definitely has a negative survivorship bias where the nice cheap properties are never on the market for very long while the terrible ones are).