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First of all CTNative, I appreciate your well written positions.  You clearly have well thought out opinions. The problem I have with the whole "Asian buyer" theory is that we're seeing just as many Korean buyers as we are Chinese.  As you guys are well aware, these are two entirely different...

While the price is right, living under the powerlines with the smell of sewage runoff was too much for me to ignore. 

Wait, aren't your #3 and #5 saying the same thing in a different way?    The way you describe Asians are how Jews used to be stereotyped 40 years ago.  "they're so ambitious,... gamblers"  The MAJORITY of Asians are like the MAJORITY of whites in OC.  Those who can afford nice homes in Irvine...