Similar things in lots of countries. There are villages in Italy and Spain with near-zero housing prices. The qualifier that needs added is "housing in commute range of jobs".
Stoke on Trent was selling houses for £1 with improvement grants attached! https://www.citymonitor.ai/analysis/stoke-shows-why-selling-...
And of course if 'jobs' becomes 'there is nothing a person can do that can't be more efficiently done by hiring AI more cheaply, plus you get to treat AI completely differently because AI is not a person' that complicates matters very much.