Thank you to share this data. 320->240 in 5 years is 5.6% compounded. It is hard for home prices to outpace a combination of inflation and real economic growth rates for very long. As some point, home prices stall out because buyers cannot get enough leverage from mortgages.
This is buying multi-million dollar struggling apartment complexes and completely overhauling them and then selling them, and then repeating at a whole new location.
