What happened to the reasonably priced project car?

Yesterday I went to look at a 72 Challenger. Guy wants $5000 for it. This was a /6 car with no engine or trans. He said it had interior in it. When I get there to look it over, There isn't a piece of sheet metal on it not rotted out. No floor pans . Grill was all beat up. Had extra plastic interior pieces thrown in it , all faded to a white chalk. . Looked like the remains of a slap stick in the floor. Now this Jewel did have the Rallye Hood, maybe usable included. AND it still had an 8 3/4 rear in there. People are out of there frickin minds on prices.
This car was so bad I didn't even insult him with an offer !
And He also had a 72 Charger with a big block in it for $8000. He said would run and drive, but looked in the same condition.