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A comment on The Median Down Payment for a House, by U.S. State. Parent comment

Re:The Median Down Payment for a House, by U.S. State by mh- on Wednesday March 13, 2024 @10:58PM (#39700155)
Yeah, that's one of those "data smells" that makes me disregard the entire thing since they don't offer a credible (or any) explanation that explains a 3-way tie.

Reproducing here for reference:

    Florida             $98,670  17.0%
    Hawaii              $98,670  17.0%
    Washington, D.C.    $98,670  20.9%
[ Parent | on HN ]
Re:The Median Down Payment for a House, by U.S. State by cozzyd on Wednesday March 13, 2024 @11:08PM (#39700219)
What's more the supposed source has completely different numbers... The most charitable explanation is probably that this was written by an LLM...
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Re:The Median Down Payment for a House, by U.S. State by mh- on Wednesday March 13, 2024 @11:10PM (#39700236)
It's definitely written by someone who doesn't understand how mortgages work in the US. That "someone" could certainly be an LLM.

> However looking at the percentage of the total value put down as a down payment in those states (10%) indicates homebuyers there tend to have longer repayment plans.

edit: or being more charitable, I'm completely misinterpreting this passage? Down payments don't change the length of a mortgage.

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Re:The Median Down Payment for a House, by U.S. State by qsi on Wednesday March 13, 2024 @11:12PM (#39700244)
Yes, they link to Bankrate [0] where FL has a median of $66k, HI is at $210k and CA at $141k. And the numbers they present at the lower end seem much too low as well. None of this makes sense.

[0] https://www.bankrate.com/mortgages/average-down-payment/#wha...

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Re:The Median Down Payment for a House, by U.S. State by nopeYouAreWrong on Thursday March 14, 2024 @12:11AM (#39700536)
I don't want to be this guy, but can we get this whole thing removed? the lack of integrity here seems anathema to HN
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Re:The Median Down Payment for a House, by U.S. State by add-sub-mul-div on Thursday March 14, 2024 @12:35AM (#39700631)
If it turns out it really was written by AI and these errors are as dumb as they look the whole domain should be blocked and the numerous past submissions from there removed.
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