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SCHB: What I said was based on what I recall from reading consumer reports etc on the cars, but I could be very well wrong. Anyhow, if you don't want to supply information on why BMW engineering is something to be appreciated above other makes thats fine, but I don't understand why you...

Laing_Lies: Even if you want to consider artwork an investment of sorts (I don't), taking out a loan so you can purchase another investment makes little sense. Janet: Maybe you did. But then you most likely paid more for the car than you would if you purchased it or had a...

Laing_Lies: My point was about being fiscally responsible, but I suppose just waiting to purchase a home doesn't necessarily indicate that you are fiscally responsible. Regardless, yes if you have money you are going to purchase "better things", the problem is that many of the things...

Laing_Lies, I'm not angry, I just don't understand the whole car status symbol thing (Well I understand it behaviorally, just thought it was odd that people are one way on housing but not the same on autos). tourbillon,, Are you serious? I mean seriously? You don't...

I've always had the impression that the people on this blog were fiscally responsible, but this thread seems to show otherwise. Lexus? BMW? Unless you have money coming out of your anus, who the hell buys those cars? The same people that buy hideous McMansions. Perhaps there is...

Owe on a 6 year old car with 113,000? Ouch. Bail and don't purchase an overpriced status symbol this time.

This may have already been posted here, but I was really disappointed to hear that the Irvine Co. isn't going to renew Wild River's lease this year. They also aren't planning on renewing the lease of the amphitheatre. http://www.ocregister.com/ocregister/homepage/abox/article_1756146.php

I don't think you'll be able to get a 3-bedroom in Irvine for 150~200k.

reason, If you're in California then your shitbox has depreciated you just don't realize it yet because you aren't trying to sell. In 1-2 years it will become obvious even to those that aren't selling that their properties have depreciated.

gepetoh I don't think you got my point about the chicken. My point was that when you make generalizations you have to be very careful to make the comments relative to the research group. Saying in general that "black people like chicken" is silly and not true, but saying "Blacks in...

penn1, Having associated with many different Asian folks I can honestly say I haven't noticed any generalization that holds of all of them. You keep mentioning Confucian aspects of matters, but there are two problems with it. Firstly it doesn't apply to all Asians, just those that...

swkin Stereotypes do not dictate anything, stereotypes are merely peoples half-baked generalizations about groups of peole that are usually completely false. Good market research is not based on stereotypes its based on well collected data that is used to make generalizations via...

momopi, Just to be pedantic (and totally off topic), "logic" proper has little to do with generalization rather the analysis of inference. It is only with so called "inductive logic" that one allows generalization from the few to the many. Depending on the context there are techniques...

"They are mostly main stream Chinese from Hong Kong and Taiwan", you should say "Chinese" instead of "Asian" then. Most people aren't going to take you seriously if you make these sorts of generalizations about "Asians" in general as they make little sense.

Haha, bkshopr your post is a work of pure comedy! I like ones like these: - For every 8 Caucasian Latte buyers in line there is one Asian considering the population of Asian in Irvine is 35%. Could it be that most latte have milk in them? Or that the Chinese etc typically...

I left California about 6 years ago and I'm about to return. Me and my wife were originally planning on purchasing a home after we got back, but this blog and others (oc_fliptrack etc) really helped educate us about the California housing market. Without a doubt what we've learned both...

rkp, I understand why some people want to buy a home, but most of it is wrapped up in traditional culture. I find that people do these things because its the "thing to do", not because it really makes sense or it will make them happier. You mention customizations, yet I don't know...

I keep hearing/reading people say that they "need to buy" on this forum, in person and else where. Every time I've asked these people "why do you need to buy" it ends up in reality they just want to buy. So, what situation would actually make someone to "need to buy a home"?

"by all means go for it". This is very dangerous advice, since she could potentially lose 200k~300k (or save depending how you look at it). Even if you are doubtful of the claims made by the housing bears purchasing a home right now is little different than gamble. Buying a home right now...

Can't believe there are still people willing to pay half a million for a 2-3 bedroom stucco box. I mean seriously? Half a million dollars?