Houston Housing Hilarity: Dilapidated shacks priced at $300K

I like to look on websites like Zillow and Redfin to look at the supply of affordable homes in the loop, and it gets pretty amusing often. Some of you fuckers are trying to sell your dilapidated shack of a house in the Third Ward with no central A/C for like $300K-$400K.

What's your take on this hilariously stupid housing market?