Are Asians more bullish about housing in general…

[dbapig]

[quote=flu]
While where at it, let’s talk about HTC too. It started out a scrappy electronics company, and currently holds the #1 spot for Android based smartphone. If you are about to say about how much better iphones are. Save that argument too, because Android OEM’s logged the biggest percentage growth over the past two quarters.
[/quote]

From what I hear Galaxy S will most likely take over the #1 spot for Android device seller pretty soon. Apparently HTC can’t produce their latest devices fast enough because they can’t get enough AMOLED screen, which is mostly produced by Samsung. At least Apple was smart by not using AMOLED when Samsung told them they couldn’t possibly keep up with Apple’s demand and Samsung’s…

[dbapig]

[quote=AN][quote=dbapig]
Aha, it’s that much more insulting that the managers are managers than. Why are they paid more to do same or less work when they are the 1st to be let go? And how do you become CEO or director? Become a manager first.[/quote]
All CxO / directors were managers, but not all managers become CxO / directors. I hope you can tell the difference.[/quote]

Sorry I forgot to add

Sarcasm On
…
Sarcasm Off

[dbapig]

[quote=AN][quote=dbapig]
Aha, it’s that much more insulting that the managers are managers than. Why are they paid more to do same or less work when they are the 1st to be let go? And how do you become CEO or director? Become a manager first.[/quote]
All CxO / directors were managers, but not all managers become CxO / directors. I hope you can tell the difference.[/quote]

Sorry I forgot to add

Sarcasm On
…
Sarcasm Off

[dbapig]

[quote=AN][quote=dbapig]
Aha, it’s that much more insulting that the managers are managers than. Why are they paid more to do same or less work when they are the 1st to be let go? And how do you become CEO or director? Become a manager first.[/quote]
All CxO / directors were managers, but not all managers become CxO / directors. I hope you can tell the difference.[/quote]

Sorry I forgot to add

Sarcasm On
…
Sarcasm Off

[dbapig]

[quote=AN][quote=dbapig]
Aha, it’s that much more insulting that the managers are managers than. Why are they paid more to do same or less work when they are the 1st to be let go? And how do you become CEO or director? Become a manager first.[/quote]
All CxO / directors were managers, but not all managers become CxO / directors. I hope you can tell the difference.[/quote]

Sorry I forgot to add

Sarcasm On
…
Sarcasm Off

[dbapig]

[quote=AN][quote=dbapig]
Aha, it’s that much more insulting that the managers are managers than. Why are they paid more to do same or less work when they are the 1st to be let go? And how do you become CEO or director? Become a manager first.[/quote]
All CxO / directors were managers, but not all managers become CxO / directors. I hope you can tell the difference.[/quote]

Sorry I forgot to add

Sarcasm On
…
Sarcasm Off

[dbapig]

[quote=equalizer][quote=CA renter][quote=AK]Who were the fools who signed without reading? I bet it’s more likely the uneducated folks.

The entire closing process is designed to keep you from reading the papers or having a chance to get them reviewed.

Your loan docs arrive with just enough time to skim, sign, and FedEx off just in time to meet the closing deadline — this is no accident.

I know highly educated and financially astute people who got screwed by people they trusted. (I also believe that trusting “your own people,” whomever those people might be, leaves you wide-open to affinity fraud … but that’s a subject for another thread.)[/quote]

Absolutely true, AK.[/quote]
Its even worse, the courier brings paper to have you sign on spot without reading, just like Congress when they pass a bill.[/quote]

I don’t want to get off the topic on hand but this sub thread makes me share a story I heard. I met a grad student from South Korea and as we were talking about the financial debacle and etc, he told me how surprised he was to hear that US has home mortgage brokers.

He told me that in South Korea if you acted as a mortgage broker, that is helping someone get a home mortgage and get paid for it, you will go to JAIL. It’s illegal to work as a MORTGAGE broker in South Korea. If you want to buy a house with a mortgage, you better know how to research and decide on what mortgage to get yourself.

I think that’s not a bad idea… Of course it will never happen here..

Lastly, he told me no one in South Korea even mentioned laying off teachers during the IMF crisis. He told me the budget crunch US govt agencies (state, county, city) are experiencing now is nothing compared to what South Korean govt experienced during the IMF crisis.

Unfortunately here, the first public employees to be laid off are teachers. He couldn’t understand that…

[dbapig]

[quote=equalizer][quote=CA renter][quote=AK]Who were the fools who signed without reading? I bet it’s more likely the uneducated folks.

The entire closing process is designed to keep you from reading the papers or having a chance to get them reviewed.

Your loan docs arrive with just enough time to skim, sign, and FedEx off just in time to meet the closing deadline — this is no accident.

I know highly educated and financially astute people who got screwed by people they trusted. (I also believe that trusting “your own people,” whomever those people might be, leaves you wide-open to affinity fraud … but that’s a subject for another thread.)[/quote]

Absolutely true, AK.[/quote]
Its even worse, the courier brings paper to have you sign on spot without reading, just like Congress when they pass a bill.[/quote]

I don’t want to get off the topic on hand but this sub thread makes me share a story I heard. I met a grad student from South Korea and as we were talking about the financial debacle and etc, he told me how surprised he was to hear that US has home mortgage brokers.

He told me that in South Korea if you acted as a mortgage broker, that is helping someone get a home mortgage and get paid for it, you will go to JAIL. It’s illegal to work as a MORTGAGE broker in South Korea. If you want to buy a house with a mortgage, you better know how to research and decide on what mortgage to get yourself.

I think that’s not a bad idea… Of course it will never happen here..

Lastly, he told me no one in South Korea even mentioned laying off teachers during the IMF crisis. He told me the budget crunch US govt agencies (state, county, city) are experiencing now is nothing compared to what South Korean govt experienced during the IMF crisis.

Unfortunately here, the first public employees to be laid off are teachers. He couldn’t understand that…

[dbapig]

[quote=equalizer][quote=CA renter][quote=AK]Who were the fools who signed without reading? I bet it’s more likely the uneducated folks.

The entire closing process is designed to keep you from reading the papers or having a chance to get them reviewed.

Your loan docs arrive with just enough time to skim, sign, and FedEx off just in time to meet the closing deadline — this is no accident.

I know highly educated and financially astute people who got screwed by people they trusted. (I also believe that trusting “your own people,” whomever those people might be, leaves you wide-open to affinity fraud … but that’s a subject for another thread.)[/quote]

Absolutely true, AK.[/quote]
Its even worse, the courier brings paper to have you sign on spot without reading, just like Congress when they pass a bill.[/quote]

I don’t want to get off the topic on hand but this sub thread makes me share a story I heard. I met a grad student from South Korea and as we were talking about the financial debacle and etc, he told me how surprised he was to hear that US has home mortgage brokers.

He told me that in South Korea if you acted as a mortgage broker, that is helping someone get a home mortgage and get paid for it, you will go to JAIL. It’s illegal to work as a MORTGAGE broker in South Korea. If you want to buy a house with a mortgage, you better know how to research and decide on what mortgage to get yourself.

I think that’s not a bad idea… Of course it will never happen here..

Lastly, he told me no one in South Korea even mentioned laying off teachers during the IMF crisis. He told me the budget crunch US govt agencies (state, county, city) are experiencing now is nothing compared to what South Korean govt experienced during the IMF crisis.

Unfortunately here, the first public employees to be laid off are teachers. He couldn’t understand that…

[dbapig]

[quote=equalizer][quote=CA renter][quote=AK]Who were the fools who signed without reading? I bet it’s more likely the uneducated folks.

The entire closing process is designed to keep you from reading the papers or having a chance to get them reviewed.

Your loan docs arrive with just enough time to skim, sign, and FedEx off just in time to meet the closing deadline — this is no accident.

I know highly educated and financially astute people who got screwed by people they trusted. (I also believe that trusting “your own people,” whomever those people might be, leaves you wide-open to affinity fraud … but that’s a subject for another thread.)[/quote]

Absolutely true, AK.[/quote]
Its even worse, the courier brings paper to have you sign on spot without reading, just like Congress when they pass a bill.[/quote]

I don’t want to get off the topic on hand but this sub thread makes me share a story I heard. I met a grad student from South Korea and as we were talking about the financial debacle and etc, he told me how surprised he was to hear that US has home mortgage brokers.

He told me that in South Korea if you acted as a mortgage broker, that is helping someone get a home mortgage and get paid for it, you will go to JAIL. It’s illegal to work as a MORTGAGE broker in South Korea. If you want to buy a house with a mortgage, you better know how to research and decide on what mortgage to get yourself.

I think that’s not a bad idea… Of course it will never happen here..

Lastly, he told me no one in South Korea even mentioned laying off teachers during the IMF crisis. He told me the budget crunch US govt agencies (state, county, city) are experiencing now is nothing compared to what South Korean govt experienced during the IMF crisis.

Unfortunately here, the first public employees to be laid off are teachers. He couldn’t understand that…

[dbapig]

[quote=equalizer][quote=CA renter][quote=AK]Who were the fools who signed without reading? I bet it’s more likely the uneducated folks.

The entire closing process is designed to keep you from reading the papers or having a chance to get them reviewed.

Your loan docs arrive with just enough time to skim, sign, and FedEx off just in time to meet the closing deadline — this is no accident.

I know highly educated and financially astute people who got screwed by people they trusted. (I also believe that trusting “your own people,” whomever those people might be, leaves you wide-open to affinity fraud … but that’s a subject for another thread.)[/quote]

Absolutely true, AK.[/quote]
Its even worse, the courier brings paper to have you sign on spot without reading, just like Congress when they pass a bill.[/quote]

I don’t want to get off the topic on hand but this sub thread makes me share a story I heard. I met a grad student from South Korea and as we were talking about the financial debacle and etc, he told me how surprised he was to hear that US has home mortgage brokers.

He told me that in South Korea if you acted as a mortgage broker, that is helping someone get a home mortgage and get paid for it, you will go to JAIL. It’s illegal to work as a MORTGAGE broker in South Korea. If you want to buy a house with a mortgage, you better know how to research and decide on what mortgage to get yourself.

I think that’s not a bad idea… Of course it will never happen here..

Lastly, he told me no one in South Korea even mentioned laying off teachers during the IMF crisis. He told me the budget crunch US govt agencies (state, county, city) are experiencing now is nothing compared to what South Korean govt experienced during the IMF crisis.

Unfortunately here, the first public employees to be laid off are teachers. He couldn’t understand that…

[patb]

[quote=deadzone]I thought Asians were supposed to be smart?[/quote]

not any japanese real estate purchasers since
1985.

Does anyone remember the 99 year mortgage?

What’s the Difference between a 99 year mortgage
and an I/O mortgage? You know you will pay off
a 99 year mortgage. (Cue snare drums)

Seriously, Japan has been undergoing a slow painful deflation for 20 years, and investing in real estate since 83 has just been horrible.

Oh, and pretty soon now the chinese real estate bubble will implode destroying a generations wealth.

[patb]

[quote=deadzone]I thought Asians were supposed to be smart?[/quote]

not any japanese real estate purchasers since
1985.

Does anyone remember the 99 year mortgage?

What’s the Difference between a 99 year mortgage
and an I/O mortgage? You know you will pay off
a 99 year mortgage. (Cue snare drums)

Seriously, Japan has been undergoing a slow painful deflation for 20 years, and investing in real estate since 83 has just been horrible.

Oh, and pretty soon now the chinese real estate bubble will implode destroying a generations wealth.

[patb]

[quote=deadzone]I thought Asians were supposed to be smart?[/quote]

not any japanese real estate purchasers since
1985.

Does anyone remember the 99 year mortgage?

What’s the Difference between a 99 year mortgage
and an I/O mortgage? You know you will pay off
a 99 year mortgage. (Cue snare drums)

Seriously, Japan has been undergoing a slow painful deflation for 20 years, and investing in real estate since 83 has just been horrible.

Oh, and pretty soon now the chinese real estate bubble will implode destroying a generations wealth.

[patb]

[quote=deadzone]I thought Asians were supposed to be smart?[/quote]

not any japanese real estate purchasers since
1985.

Does anyone remember the 99 year mortgage?

What’s the Difference between a 99 year mortgage
and an I/O mortgage? You know you will pay off
a 99 year mortgage. (Cue snare drums)

Seriously, Japan has been undergoing a slow painful deflation for 20 years, and investing in real estate since 83 has just been horrible.

Oh, and pretty soon now the chinese real estate bubble will implode destroying a generations wealth.

[Author]

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