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<p>Let us forget for a minute who is rich and who is not. One thing that puzzles me is that Irvine housing price is begining to exceed Beverly Hills price. Or do you guys think that is normal?</p>

<p>Janet</p> <p>To me, any American rich people is new money. The entire country is less than 300 years old. Some of the families in BH have been rich in other countries for a thousand years. No kidding, one of my friend's family owns a business of importing olive oil, and the company was...

<p>Janet</p> <p>A lot of money in Beverly Hills are truly foreign old money, (oil money from Iran), and a lot of people there are rich but with no US income (they may have a huge bank account in Switzerland though). Majority of the foreign people in Irvine are W2 H1B, they may be fairly well...

Nude, You are quite right of course, at the risk of making this post too technical, the latest trend in cell is to make voice call data (a la VoIP). So 3G will increase voice call capacity quite a bit with the increased data capacity. 3G uses soft hand-off, while GSM uses hard hand-off...

Nude 3G networks, regardless of carrier, all are CDMA based. The main reason for deploying 3G, in addition to the ability of downloading multimedia content, is the increased capacity. In that sense, AT&T will do better in the long term. China and Europe are all moving toward 3G, I believe...

Joyce Not all people buy MB or BMW for show factor or prestige. We buy them because, well, we like them the most. There are other reasons, but I think it is best not to discuss them here

Verizon has the best technology. CDMA has more capacity than GSM per cell power, and CDMA has dynamic power control that allows the coverage area to change according to demand. On the other hand, once AT&T build out their 3G network, the advantage of Verizon will disappear. Eff...

I think it also has something to do with where you have been for the past 14 days or so. People in DC tends to drive slow. I was there for a month early this year, and I had a hard time adjusting to their speed for the first two weeks or so. After I got back, I spend two weeks adjusting back...

I am just wondering if anyone know why would some rich people from Taiwan/Korea/China would want to live in Irvine. For one thing, in order to stay in US, one needs to have some kind of long term visa. There is no way to open a bank account on a short term visa. As far as I know, the most...

NIR, welcome to west LA. I think you will find life here is slightly less restrictive than Irvine/Newport. I like Irvine a lot (spend two years in UCI), but I can not live in that place, too restrictive. The layers of zoning law are too suffocating.

try 9962 Westwanda Dr, Beverly Hills, CA 90210. We are looking for houses in Beverly Hills area, and we were quite stunted to see that for what one would pay for an average nice home in Irvine, we could actually buy in Beverly Hills. Of course, we are still waiting for the price to come down...

garfangler Interestingly enough, West LA is actually somewhat cheaper than Irvine now. At least from the few houses I saw. One can buy a truly unique home in 90210 on the hill for around 1.2 mil that sits on a huge lot, the same amount of money will buy you a home in Irvine that looks the...

I was there on Tuesday though, the first day of the car wash. In any case, it was empty on Friday as well when I returned to LA. One would think people would want to have their checked out before the road trip though.

I think in OC/LA, once you decide to buy a house, you pretty much have to stop contributing to your retirement fund.

bishie: Someone will probably say you don't diversify enough. Notice in the latest downturn, all markets declined, not just the US. DAX declined 10% one day. I am also in the same situation having majority of my money in equity, but I have my money mostly in European stocks (to hedge...

hum, could be, the equity withdraw was all the rage back then. According to the guy, it was more of the people delaying their replacement cycle. Interestingly, most of the people I know who used equity to buy new car/pickup brought Toyota, Honda, and Ford, not MB.

I don't think a normal Southern CA family can make it on one 85k income these days. I make around 140k now, and I can't afford to buy anywhere in LA or OC unless I want a one bedroom condo. My wife also makes about the same number, two of us can probably afford a semi-decent SFH in a...

Just came back from a trip and parked my car at FJ mercedes for the last three days (Free parking and shuttle service to JW airport). It was really empty when I arrived at FJ around 10am. I drove my car directly into the service area. Just a year ago it was quite packed with long lines of...

CNN just reported Bush will try to suspend debt-forgiveness tax. I guess a lot of people will walk now. Too bad I did not do a 110% financing... Banks will probably get hit pretty hard . This move will probably accelerate the price drop instead of helping it, IMHO.

I know I am in the minority here, but I don't think high school education really means anything. At high school, even undergraduate and master level, classes are force feed to students without much understanding as to why you need to know the subject. Try to fight either China or India by...