There is a an observation I had about economically depressed areas. "If it (the housing) is too cheap, chances are you can't afford it." It goes beyond want at

There is a an observation I had about economically depressed areas. "If it (the housing) is too cheap, chances are you can't afford it." It goes beyond want at this point into not being suitable for living. Most people work for a living and if there aren't jobs in the area, then the housing is good only for retirees, disabled, or other beneficiaries of passive incomes. And even that is far from ideal as the previous two tend to need advanced services like hospitals in order to survive.