[an]

[quote=FlyerInHi]Again, we will see how LA works or doesn’t.[/quote]Yep, we will see soon enough. It’ll be interesting to see if small biz stay in LA or move to surrounding cities. I heard Glendale have already trying to court the businesses with the sale of lower min. wage.

[an]

[quote=flu]It would have been nice if by this time, I had 3 SFH in CarmelV free and clear and pulling in $4000/month each.

I’d hang up my engineering hat for salaried work.[/quote]
Assuming $4k/month rent places are selling for $1M today, that’s $3M RE portfolio. If you take that $3M and buy 15 1/1 in MM today for $200k each, so you’d have it all free and clear as well, they’re renting for $1300 today. Which mean for the same $3M, you’d have $19,500/month in rental income instead of just $12k/month.

hmmm… not sure if I should have said that, maybe you’d buy up all the 1/1, leaving nothing left for me :-/

[an]

[quote=flu]When will I see $1400/month for a 1/1 in MM?

When will I see $4500/month for 1800sqft in Santa Clara?

:)[/quote]
Today:
http://sandiego.craigslist.org/nsd/apa/5029976437.html

😀

[an]

[quote=bibsoconner]flu,

Not sure if you were joking about the suit or not… But I’d say the two places that required me to show up to the interview with a tie were complete disasters. It should have been a warning to me not to take the contract. The folks were complete pompous asses more interested in politics than actually producing anything. I’m currently at a place where my boss interviewed me wearing shorts. He’s smart guy, interested in getting things done and, as an added plus, nice. My rule now is to show up to interviews in khakis, nice shirt, and dress shoes*. If they kick me out for being underdressed, it’s for the best.

Dave

*I’m not actually confident enough to show up in clown shoes. One day, one day…[/quote]I totally agree and are of the same mindset and experience as well. No will no longer wear a suit to an interview. I would put on a nice slack, long sleeve shirt and nice dress shoes.

[an]

[quote=FlyerInHi]It’s not an aspiration to be boring or ordinariy. Aspirations require constant pursuits.

Good thing you’re not planning on getting married. Relationships require constantly doing things to show you care. And that requires money. No money, no honey![/quote]
LOL

[an]

[quote=The-Shoveler]Actually ALL of SoCal is becoming increasingly Asian.

By far not all of the more recent Asian Immigrants are rich (multi-millionaires), far more of them are coming here with just the shirt on their backs and a desire to better themselves.[/quote]
That is also true. These two things are not mutually exclusive though.

[an]

[quote=spdrun]Do any bounty hunting firms trade publicly? Perhaps that’s the next frontier after bounty hunting for US offenders is outlawed 🙂 Reward for delivery to the nearest convenient Mexican airport.

As far as media players, plenty of people in the US torrent movies, but there’s still a market for content through Netflix.[/quote]Not the same.

[an]

[quote=flu][quote=AN]It’s arrogance and the desire to accumulate even more. Not because they need more but because they think they can have more.[/quote]

It’s almost as if it’s some sadistic game they play. Reminds me of the douchebag that tried to rip of my relatives…And when we caught him, he was more pissed that he lost than actually losing his money. Some people are just…. Shitty.[/quote]Sad to say… so typical of communist society.

[an]

[quote=flu]In unrelated news. I don’t understand why netflix is popping on the hope of getting into the markets in China.

Do people here actually think people over there will pay to see a movie at home, when bootlegged movies are everywhere?[/quote]
That’s where not understanding the difference in culture can hurt you.

[an]

It’s arrogance and the desire to accumulate even more. Not because they need more but because they think they can have more.

[an]

And extend that to top 1% of China/India and you have 30M people.

Top 0.1% of Chinese/Indian is 2X the top 1% Japanese, but what about the actual total wealth. Not to mention the political climate differences.

[an]

[quote=spdrun]Japan had a higher percentage of comparatively well-off people than China or India does today. Japan was a much wealthier country on average by the 80s than China or India are today.

(Actually, parts of NJ are heavily Indian — around Edison. But fortunately, that hasn’t helped prices recover very well so far.)[/quote]
We don’t care about average. We care about total number of rich people. Japanese total population is 127M today. 30-40 years ago, their population is much smaller. So, combining China and India, you have almost 3B people. If you’re counting just 0.1%, that’s 30M people. So there are more people in the top 0.5% of China & India than all of Japan. Also, you’re more likely to see 0.1% of the population in China & India leaving for greener pasture than 25% of Japanese leaving Japan. My bet is, 0.1% of Chinese and Indian are A LOT richer than the top 25% of Japanese.

[an]

I agree. It never hurt to ask. That applies in everything. I’ve heard of people getting cheap upgrade to 1st class, cheap upgrade to Hotel suites, etc.

[an]

[quote=TeCKis300]Don’t forget that upgrades through the builder can are are negotiable to a degree.[/quote]You can’t tell builders to price match another contractor.

[an]

[quote=spdrun]AN: agreed. Have you actually tried to work with engineers who don’t speak the language well long-distance, and where their middleman overstates their qualifications? US-based engineers aren’t going anywhere fast.[/quote]Yes, which is why I don’t think Engineering jobs in US are going anywhere soon. I have no problem with having a branch in India and China. But the best experiences are the ones where each region control the entire project. Having to deal with engineers across the pond suck when there’s a huge language barrier.

[Author]

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