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Daedalus, you are right, I just checked with my BMW dealer. I guess because my M3 is so old (1990 E-30 4 cylinder), it can be had for around 3.5k. I figured a I6 couldn't be that expensive given mine was a M3 engine. Boy, was I wrong. In any case, I think Janet should follow your advice and...

one more thing, where the 7k number come from? Even a brand new engine from BMW costs less than that. I know you can order a six for around 2 to 3k. Labor cost can't be more than 1.5k even if you do it at dealership. If it is just the gasket, you can get it done for less than 1.5k at a BMW...

get a honda then, you will need to replace transmission every 30k. Even more fun. Did you see the water temp go over the red

<p>It is not necessary a generation thing. I am an Y, but I max out my 401k and save an additional 30% in our investment portfolio. I have no debt other than fixed rate student loan, which I believe is actually getting smaller on its own due to inflation. I look at housing just like any other...

Often time I think it is only because there are so many people who are willing to pay for the INCORRECT price that RE investor can make any money. People sell when the price is too low and buy when the price is too high. If the market is completely efficient, it will be very very difficult to...

<p>After watching this blog for a while, I can honestly say that I have a fairly clear picture of what any given RE SHOULD be priced at, and therefore I think in 3 to 5 years or so, RE in S CA will become attractive again ( I believe after 40 to 60 percent correction in price). On the other...

For some of us, the answer is quite simple, we were not in a position to buy. I was still a junior back in 2000. By 2002, I was in grad school, although I have TA/RA/Fellowship, I did not have any extra money to buy a house. I did not graduate until the first half of 2006, and by then, the...

I like Mercedes/BMW, and I drive a nice, very very old Mercedes. I think people presume too much about people driving BMW/Mercedes on this board. For me, I refuse to buy any Japanese product since Japanese killed 90% of my hometown in WW2, and to this day, is still pretending it has never...

<p>What kind of impact do you guys think the hedge fund problem will have on the current OC real estate market, and more importantly, how much it will impact LA market. The speed of this downturn is very surprising to me. Oversea real estate markets tend to either stay over-valued forever...

Asian style teaching focuses purely on test score, instead of learning the subject. I was educated in four different school systems (Chinese, Germany, Switzerland, and US, talk about interesting childhood). Both Chinese and European systems focus on test score since the national entrance exam...

To be honest, I think stress out about boys, clothes and make-ups is a part of growing up. In any case, I am very much against Asian style of schooling and teaching. That style produces excellent followers, but it limits one's ability to innovate.

<p>I was there for business reason. My company is thinking about expending to oversea market, and we are doing studies on whether we should go to China (shanghai) or Germany(Saxony). Looks like Germany will win in this case. </p>

nirvinerealtor Another thing, have you checked out the SAM loan we discussed some days ago? I can't find any information beyond what my friend told me

nirvinerealtor I believe Irvine, indeed, the entire So Cal is overpriced. On the other hand, I also agree with you that buying house is a emotional decision, and a lot of people do not think of it as a investment. Therefore, I actually think the price will stay at this unreasonable rate...

<p>I went to cal state Long Beach for my under, but got my master from Carneige, and my PhD from USC. My wife went to Harvard for her under and Carneige and USC for her master and PhD. We also got MBA from USC. Both of us graduated from some no name public high school, and neither of us...

<p>Strange so many people here agree with BK, as I have found myself completely different from what he described. I don't know if it is an age thing or income thing or education thing or perhapes this board attracts people fits BK's describtion. I am actually generation 1.5 Chinese, but I...

I believe San Marino was a very expensive city even before Taiwanese showed up in the late 80s. Arcadia might be a different story though. The rich Chinese/Korean/Japanese will save the market simply don't hold water. Having attneded USC and suffered through five years of PhD and 2 years of...

Regarding the ever popular tea station vs. starbucks. It will be interesting to know that Tea Station failed in both Shanghai and Beijing, whereas Starbucks are very successful in both cities. Generation Y Chinese behaves very differently comparing to earlier generation. I am a Generation Y...

bkshopr, I hope no company is actually using your research, because if they do, they would be in a world of hurt. I did a marketing research project for Starbucks when I was in USC MBA program, and we found the exact opposite to your eight white one asian latta result. Using our marketing...

<p>irvinerenter, your analysis is excellent as always. One thing I am still unclear is who made the original loan. There is no equity sharing loans as far as I can tell. SAM won't pay for the tax nor the HOA. </p>