patrick.net

VanillaSky says

$200 two times a month is $400/month. it’s not even close to $1000/month.

cash or credit card.. and as we have all heard about people holding 10-20K in CC balance due.

thomas.wong1986 says

bayhousehunter says

Every new neighbor who has moved into my neighborhood in the last 10 years seems to be Indian 9 out of 10 times with an occasional Chinese/Vietnamese thrown in. They are all dual income families with tech background or the wives are in HR or Marketing for tech companies and the family incomes seem to match or exceed ours.

Regarding dual incomes, I would ask is that any different than decades past ?
Many wrongly still believe in the myth DI is something new, yet has been around for many decades.

Dual Income is not a new thing. But, now it has become the norm (with stock market busts and economy tanking) that dual income families are those that are buying "overpriced boxes" in "good school districts" in my neighborhood.

@newbie:
It is because they have “job security” in their marriage like public sector employees. (Chinese women do not have to lose weight because they are genetically slim and trim).
You are correct - divorces, remarriages, dating in old (middle) age, child support etc are almost non-existent in my community. I was loathe to point this out earlier because I felt it was controversial. But now that it is in the open, there is no need for these "dowdy" women under discussion to primp constantly or stay "sexually appealing" as they age because they are out of the dating scene for life.
Most of the Indian women that I know who jog do it because they have high cholesterol and their doctor advised it :)

Perhaps none of you meant anything negative by it, but to me the term "Chindian" sounds a bit demeaning. It is my first time seeing this term so 've looked up dictionary.com, and there is no entry. Did this term spawned out of NorCal region?

caven says

Perhaps none of you meant anything negative by it, but to me the term “Chindian” sounds a bit demeaning. It is my first time seeing this term so ‘ve looked up dictionary.com, and there is no entry. Did this term spawned out of NorCal region?

Lighten up Francis! The first time I saw it was on this site. It's easier than typing Chinese/Indian. Nothing more, nothing less.

ch_tah says

caven says

Perhaps none of you meant anything negative by it, but to me the term “Chindian” sounds a bit demeaning. It is my first time seeing this term so ‘ve looked up dictionary.com, and there is no entry. Did this term spawned out of NorCal region?

Lighten up Francis! The first time I saw it was on this site. It’s easier than typing Chinese/Indian. Nothing more, nothing less.

Oh I'm not offended by the term, I don't sense anyone is using it in a degrading manner. But what you've said is exactly my point... I wouldn't like it if I'm being referred to as Ames or Ricans rather than American. Even though it is easier to type, I still prefer being referred to as an American. Let's move on, back to topic please.

I don't see anyway the income of these Chinese/Indians couples trippled since 2000. So it purely a bubble. It would have been that way even without Chinese/Indians in Cupertino.

bubblesitter says

I don’t see anyway the income of these Chinese/Indians couples trippled since 2000.

If history is any indication of overpaid employees in tech, as in out of control spending. It will as usual result in a hard pull back. As such we seen that happen around SV many times over.
HP when they hired Mark Hurd, or Yahoo hired Carol Bartz, resulted in cost cutting that was pretty brutal for some. I know of a few who havent regained their prior income levels or equal position. We also saw Intel cut over 1000 mid level positions, and currently will see Cisco do the same.

No! it certainly does not jive with what is actually happening in the real world since 2000.

I don't think tech jobs are overpaid.

Microsoft just bought Skype for $8.5 Billion.
If Skype has 1000 employees, that is $8.5 million for each employee !

The problem is everyone wants to be a programmer back in the 90s.
The supply is just too high.

right.. all those employees get the same number of options and the venture capitalists get nothing. Ha

and their HQ is in Luxembourg. How that affects Bay Area real estate is beyond me