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.
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
1/10nth for one town over?
Saving 90% is a number so ridiculous I find that impossible to believe even for a place like New York City or San Francisco.
EDIT: It appears that you can see a 10x pricing factor in some super high demand areas. The markup is much more extreme at some locations than I thought, though, I'm not sure how hard it would be to avoid with a reasonable commute and still own.
And yet, it's reality. Same property size will go from millions to 100ks.
2.5mil~3mil prop will be 250k~300k.
Which is indeed, 90% less. Math is hard yo.
This is less a case of the difference and more a case of "center if major cities are hyper inflated and priced dumb, ignore them if you are a millionaire", going literally 1-2 steps out and the hyper inflation rapidly fades out back to normal prices.
A better way I could word it is: "properties in the middle of cities tend to be overpriced by about 10x." If that makes more sense.