you are about 12 years late on that one lol, Apartments on Caly used to go for around 250-350 back in 2008, but nowadays, there's just no way you can find one at that price... Have you been living under a rock all this time?
I'll bet there's an old topic or youtube video that discussed the prices.
And many new players will assume the prices stay the same like they'd experience in most other games & TT.
But at some point they'll learn EU isn't like most games.