Wealthy Mainland Chinese are world's stingiest people
- Thread starter Happiness
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So true, either they like the heat or they are so cheap that rather than comforts, they choose to save a few bucks.....Kinda ironic that they rather pay cash for a high price home and not use the convenient and comforts.
During the last recession, I commented to an Asian friend that the restaurants and shopping malls like South Coast Plaza were all empty, except for Asian people (mostly Asian-Americans... the FCB's had yet to arrive en masse back then).
This friend replied back, it's not because these Asians were so wealthy, but rather that they embrace a culture of saving, so that when a recession hits, it doesn't impact them as much as say, white people who spend all of their money and put everything on credit.
America has been an affluent country for a long time. We ARE kind of soft. People don't know how to "eat bitterness" here.
Also, if we think that 80 degrees outside is a pleasant day, then I don't see why its a shocker to have your interior thermostat set to 80 and open the windows.
Try this book:
Fair point, but a bit of a strawman. There's a difference between depreciating toys costing tens of thousands of dollars, all financed increasing the cost dramatically, and spending an extra $100 each month in the summer to keep the house cool, no?
Sorry Dear Chinese Folks, but on two occasions within a span of 1 month, i encountered rude, careless Chinese young male drivers in parking lots in Irvine who rolled down their windows: yelled and abused and then ran off as i opened my door just because they failed to yield and also understand and obey basic STOP signs. I sensed a lot of arrogance, pride and rudeness in their action.
Perspective
Well-known member
This made me think of the shockingly high number of houses' windows I see wide open in my neighborhood when it's 100 degrees outside.
irvinebullhousing
Well-known member
Perspective said:
So true, either they like the heat or they are so cheap that rather than comforts, they choose to save a few bucks.....Kinda ironic that they rather pay cash for a high price home and not use the convenient and comforts.
nyc to oc said:
During the last recession, I commented to an Asian friend that the restaurants and shopping malls like South Coast Plaza were all empty, except for Asian people (mostly Asian-Americans... the FCB's had yet to arrive en masse back then).
This friend replied back, it's not because these Asians were so wealthy, but rather that they embrace a culture of saving, so that when a recession hits, it doesn't impact them as much as say, white people who spend all of their money and put everything on credit.
Perspective
Well-known member
Sitting in your house wiping sweat constantly while being miserable builds character! We're too soft!
Perspective said:
America has been an affluent country for a long time. We ARE kind of soft. People don't know how to "eat bitterness" here.
Also, if we think that 80 degrees outside is a pleasant day, then I don't see why its a shocker to have your interior thermostat set to 80 and open the windows.
B2FiNiTY
Active member
There is an unfortunate downside to all this. Appliances. My dad is one of those guys that will stretch out the buck anyway he can including not using the a/c, dish washer, oven etc. Then one day when he wanted to use it because guests were over, they all broke at the same time. From lack of use. Most of these things have rubber parts that if are idle for a long time, will dry rot and break on you. So in the end, he did not save much if at all.
Paris167
New member
I also get the sense that Asian culture is minimalist in general. They don't like clutter or hoarding. So if you look in Asian garages there is hardly any clutter compared to white neighborhoods where they have their 2 massive SUVs or trucks parked in the driveway and the entire garage full of Recreational toys, ski jets, and a ton of clutter. It's the American way - buy, buy, buy and keep buying bigger houses with credit to hoard all that stuff they buy. Asians pay cash and enjoy living a clutter free simpler life. I like the Asian way of life - except for the suffering without AC and not using the appliances. I'm still working on getting rid of clutter - trying to be more Asian 
iacrenter
Well-known member
Paris said:I also get the sense that Asian culture is minimalist in general. They don't like clutter or hoarding. So if you look in Asian garages there is hardly any clutter compared to white neighborhoods where they have their 2 massive SUVs or trucks parked in the driveway and the entire garage full of Recreational toys, ski jets, and a ton of clutter. It's the American way - buy, buy, buy and keep buying bigger houses with credit to hoard all that stuff they buy. Asians pay cash and enjoy living a clutter free simpler life. I like the Asian way of life - except for the suffering without AC and not using the appliances. I'm still working on getting rid of clutter - trying to be more Asian
Try this book:
Perspective
Well-known member
Paris said:I also get the sense that Asian culture is minimalist in general. They don't like clutter or hoarding. So if you look in Asian garages there is hardly any clutter compared to white neighborhoods where they have their 2 massive SUVs or trucks parked in the driveway and the entire garage full of Recreational toys, ski jets, and a ton of clutter. It's the American way - buy, buy, buy and keep buying bigger houses with credit to hoard all that stuff they buy. Asians pay cash and enjoy living a clutter free simpler life. I like the Asian way of life - except for the suffering without AC and not using the appliances. I'm still working on getting rid of clutter - trying to be more Asian
Fair point, but a bit of a strawman. There's a difference between depreciating toys costing tens of thousands of dollars, all financed increasing the cost dramatically, and spending an extra $100 each month in the summer to keep the house cool, no?
Perspective
Well-known member
Adding to this peculiar thrift, is the fact that there's a high correlation of houses with windows open on ~100 degree days, with houses that have one or more seniors and small children staying in the houses on weekdays during "working" hours.
Perspective said:
Sorry Dear Chinese Folks, but on two occasions within a span of 1 month, i encountered rude, careless Chinese young male drivers in parking lots in Irvine who rolled down their windows: yelled and abused and then ran off as i opened my door just because they failed to yield and also understand and obey basic STOP signs. I sensed a lot of arrogance, pride and rudeness in their action.