Why? Is it the intergalactic equivalent of a pioneer ghost town? Haunted, perhaps?
It's a dwarf spheroidal galaxy that has been cannibalized by it's parent, M31. What's left are old (8-14Gyr) and somewhat metal poor stars (which is bad for Real Estate). It's a slum with no good bars or restaurants or things to do.
"Oh look, another old red giant! No useful planets, just comets, asteroids and a gas giant. Check. That makes it what, Bob? our 10 millionth? Sign up and see the Universe they said. Bored with our Galaxy? Join the Andromeda Galaxy Expedition, they said. Here's a special project just for you and your team - Catalog M32. It'll be exciting, they said. Last time I volunteer for anything..."