Are Asians more bullish about housing in general…

[Coronita]

[quote=cvrentguy]I think a big reason why Asians may be rushing to buy homes is kids education. As an example, there are no good rental options within Ocean Air and Sage Canyon boundaries in Carmel Valley. I think no apartment complexes fall within these boundaries. There seem to be few, if any, options in nonsectarian private schools in San Diego that offer distinct benefits over the best public schools.[/quote]

Rent? Eweeee… How low class ….. (just kidding)….

The typical MO, is after marriage, then buy the home. Then after the home, have 1.5 kids, then after the 1.5 kids, have the inlaws/outlaws move in, since both parents want to stay working (woman doesn’t want to give up the career, man obviously doesn’t either).
..Send the kids to Sage/Ocean Air/TorreyHills, and after going for 1 month, say that the public school system still sucks, and then send them to a 3-4 hr afterschool enrichment program after that to get ahead. Make sure they either play piano or violin, and buy that baby grand piano before he/she turns 5.
If your kid comes home with an A-, get mad and say why didn’t you get an A+. If he/she gets lower than an A-, he/she is a complete retard. Hang your head down in shame, because you must have some non-asian blood running in your family genes. And if we’re talking about anything C+ or lower…Man, you better how your kid was adopted…College. Any is fine. There’s plenty to choose from in america.
Harvard, Stanford, Berkeley, MIT, Yale, UPenn, Brown…Oh, yeah there’s the UC schools too… Cal State what? What, is this a fvckin joke? The most important thing is to that they are in america. Let them have the freedom to choose their own paths and careers…Doctor, Engineering, Investment Banking-preferably Goldman Sachs. That’s a pretty big choice for them…

….For sports, tennis and ice skating is fine. Although no asian ever did well in tennis, there’s hope in ice skating…Maybe she’s the next michele kwan….Have a boy? Sorry…I doubt he’s the next Yao Ming…Good luck with football and hockey too ha ha ha… Better be careful. Too many hits in the head, and it could lower your son’s SAT scores by 200 ponits. But, hey maybe autoracing (don’t do nascar please…oh wait, who’s going to teach him to drive…What you? Ha ha ha. Asian, good drivers, stick shift? ROTFLAO….Ah, stick him with tennis too. Maybe golf….

But fame is not all what your want… After all, it could backfire, and she could end up being the next Evelyn Lin (not that there’s anything wrong with it)….(Anyone that went to UCSD with her got her autograph?)

(And to think, some might actually take me seriously about this).

[briansd1]

[quote=captcha]I don’t think it is an Asian thing. A house is an asset that can’t be taken away or destroyed as easily as cash or some promissory note and it can always feed a family as a rental. [/quote]

I think that it’s an immigrant thing rather than an Asian thing.

Like I said, immigrants are more willing to spend a larger portion of their incomes on housing.

There are sociological reasons for that such as:

1. Easy access to credit in America. In their home countries, they have to pay cash (Credit has only recently been available to the middle class in the developing world).

2. Opportunity to live like a rich person in their own country — a baronial lifestyle, with castle (house), domain (yard) and carriage (car). Europeans were attracted to America for the same reasons.

In my opinion, people (immigrants or native-born) who have made it from nothing are generally more willing to spend on things that are statements that they have made it.

That’s the same reason people who have “made it” tend to spend a larger portion of their incomes on cars. Next step up is a house.

Easy access to credit in America makes it easy for people to achieve the American Dream.

Culturally, people who have recently made it prefer tangible things. For example, they would rather eat at restaurants that provide good food. They are less likely to pay for ambiance and design. They like their hotels big and grand like in Vegas. They would not pay for small boutique hotels with good design and service.

Immigrants like new houses. Give them houses with luxury touches – marble and granite counter tops, Greco-Roman columns and crown moldings galore.

Immigration is good for house prices!!

[briansd1]

[quote=captcha]I don’t think it is an Asian thing. A house is an asset that can’t be taken away or destroyed as easily as cash or some promissory note and it can always feed a family as a rental. [/quote]

I think that it’s an immigrant thing rather than an Asian thing.

Like I said, immigrants are more willing to spend a larger portion of their incomes on housing.

There are sociological reasons for that such as:

1. Easy access to credit in America. In their home countries, they have to pay cash (Credit has only recently been available to the middle class in the developing world).

2. Opportunity to live like a rich person in their own country — a baronial lifestyle, with castle (house), domain (yard) and carriage (car). Europeans were attracted to America for the same reasons.

In my opinion, people (immigrants or native-born) who have made it from nothing are generally more willing to spend on things that are statements that they have made it.

That’s the same reason people who have “made it” tend to spend a larger portion of their incomes on cars. Next step up is a house.

Easy access to credit in America makes it easy for people to achieve the American Dream.

Culturally, people who have recently made it prefer tangible things. For example, they would rather eat at restaurants that provide good food. They are less likely to pay for ambiance and design. They like their hotels big and grand like in Vegas. They would not pay for small boutique hotels with good design and service.

Immigrants like new houses. Give them houses with luxury touches – marble and granite counter tops, Greco-Roman columns and crown moldings galore.

Immigration is good for house prices!!

[briansd1]

[quote=captcha]I don’t think it is an Asian thing. A house is an asset that can’t be taken away or destroyed as easily as cash or some promissory note and it can always feed a family as a rental. [/quote]

I think that it’s an immigrant thing rather than an Asian thing.

Like I said, immigrants are more willing to spend a larger portion of their incomes on housing.

There are sociological reasons for that such as:

1. Easy access to credit in America. In their home countries, they have to pay cash (Credit has only recently been available to the middle class in the developing world).

2. Opportunity to live like a rich person in their own country — a baronial lifestyle, with castle (house), domain (yard) and carriage (car). Europeans were attracted to America for the same reasons.

In my opinion, people (immigrants or native-born) who have made it from nothing are generally more willing to spend on things that are statements that they have made it.

That’s the same reason people who have “made it” tend to spend a larger portion of their incomes on cars. Next step up is a house.

Easy access to credit in America makes it easy for people to achieve the American Dream.

Culturally, people who have recently made it prefer tangible things. For example, they would rather eat at restaurants that provide good food. They are less likely to pay for ambiance and design. They like their hotels big and grand like in Vegas. They would not pay for small boutique hotels with good design and service.

Immigrants like new houses. Give them houses with luxury touches – marble and granite counter tops, Greco-Roman columns and crown moldings galore.

Immigration is good for house prices!!

[briansd1]

[quote=captcha]I don’t think it is an Asian thing. A house is an asset that can’t be taken away or destroyed as easily as cash or some promissory note and it can always feed a family as a rental. [/quote]

I think that it’s an immigrant thing rather than an Asian thing.

Like I said, immigrants are more willing to spend a larger portion of their incomes on housing.

There are sociological reasons for that such as:

1. Easy access to credit in America. In their home countries, they have to pay cash (Credit has only recently been available to the middle class in the developing world).

2. Opportunity to live like a rich person in their own country — a baronial lifestyle, with castle (house), domain (yard) and carriage (car). Europeans were attracted to America for the same reasons.

In my opinion, people (immigrants or native-born) who have made it from nothing are generally more willing to spend on things that are statements that they have made it.

That’s the same reason people who have “made it” tend to spend a larger portion of their incomes on cars. Next step up is a house.

Easy access to credit in America makes it easy for people to achieve the American Dream.

Culturally, people who have recently made it prefer tangible things. For example, they would rather eat at restaurants that provide good food. They are less likely to pay for ambiance and design. They like their hotels big and grand like in Vegas. They would not pay for small boutique hotels with good design and service.

Immigrants like new houses. Give them houses with luxury touches – marble and granite counter tops, Greco-Roman columns and crown moldings galore.

Immigration is good for house prices!!

[briansd1]

[quote=captcha]I don’t think it is an Asian thing. A house is an asset that can’t be taken away or destroyed as easily as cash or some promissory note and it can always feed a family as a rental. [/quote]

I think that it’s an immigrant thing rather than an Asian thing.

Like I said, immigrants are more willing to spend a larger portion of their incomes on housing.

There are sociological reasons for that such as:

1. Easy access to credit in America. In their home countries, they have to pay cash (Credit has only recently been available to the middle class in the developing world).

2. Opportunity to live like a rich person in their own country — a baronial lifestyle, with castle (house), domain (yard) and carriage (car). Europeans were attracted to America for the same reasons.

In my opinion, people (immigrants or native-born) who have made it from nothing are generally more willing to spend on things that are statements that they have made it.

That’s the same reason people who have “made it” tend to spend a larger portion of their incomes on cars. Next step up is a house.

Easy access to credit in America makes it easy for people to achieve the American Dream.

Culturally, people who have recently made it prefer tangible things. For example, they would rather eat at restaurants that provide good food. They are less likely to pay for ambiance and design. They like their hotels big and grand like in Vegas. They would not pay for small boutique hotels with good design and service.

Immigrants like new houses. Give them houses with luxury touches – marble and granite counter tops, Greco-Roman columns and crown moldings galore.

Immigration is good for house prices!!

[UCGal]

flu – you owe me a keyboard… That was funny.

[UCGal]

flu – you owe me a keyboard… That was funny.

[UCGal]

flu – you owe me a keyboard… That was funny.

[UCGal]

flu – you owe me a keyboard… That was funny.

[UCGal]

flu – you owe me a keyboard… That was funny.

[cvrentguy]

LOL flu, that was quite a sermon.

[cvrentguy]

LOL flu, that was quite a sermon.

[cvrentguy]

LOL flu, that was quite a sermon.

[cvrentguy]

LOL flu, that was quite a sermon.

[Author]

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