News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
20k will not get you a 3 bedroom home. Do you by chance live in West Virginia? Their median home values is under 200k, and even then, 20k won't get you there. Trust me homeboy, 20k will not get you far, not even in the cheapest of regions.
The median US house value is 430k. The lowest legal downpayment is 3%, but that's plain stupid. Financially, anything under 20% makes no sense. Your mortgage will be super high and you'll have to pay for morgage insurance which you don't have to do if you do a downpayment above 20%.
Also, if it's so cheap and easy to buy a house, why isn't everyone buying a house right now? The majority of millenials and forward are renting and you're telling me half a year of rent is enough for them to get a house? Clearly they would have figured that one out by now.
Just so you understand my living standards. I do not own a car at all. I could financially afford one, but that wouldn't be a sensible investment.
You can buy a 3BR home for $130K in Oklahoma City, so yes putting $20K down will absolutely secure you a home.
The median house proce in Oklahoma is super low. Try finding a home in the west.
That's not the question. California is higher due to a boatload of reasons.