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
...for a $400,000 home, to pay $2,000 a month with current interest rates, your downpayment would need to be 50%>
You would need $200,000 cash in hand.
No one puts 50% down, it isn't 1952. $10K-$25K is normal these days.
Can you not do that? Maybe try budgeting and learning a marketable skill like programming or plumbing instead of having a degree in gender studie /s
I dare you to post on a programming community, asking how long it would take for the average software developer to save 200k USD. Maybe only if you are a senior developer working for a huge silicon valley company. Or maybe working in a niche role that no one else can do so you can negotiate a better salary.
But the average college graduate coming into that field is not making anywhere near enough to save 200K. Especially not in the US because of student loans. And likely not overseas either because the IT sector isn't as big as it would be in the US.
For context, I live in Ireland, and while we do have a lot of big companies setting up shop here, literally just for tax reasons, and we have most university courses paid for by the government (aside from 3k that most students must pay themselves). But even despite all that, the cost of living is horrendous here. Nobody that doesn't already come from wealth would be able to save 200K.
So respectfully, you need a reality check if you think that just by having a marketable skill, one can realistically achieve what's necessary to own their own home in this day and age.
I tagged it sarcasm for a reason. My wife has a CS degree I know exactly how bad it is for programmers. Also I’m an engineer. Together we might have enough money that we could theoretically raise a small family and own a house if we’re frugal.