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I work with a lot of Indians, and all I know is the ones that move here are rabid consumers of the "American Dream" of fancy cars, fancy homes, extreme consumerism with no thought of the environment, and lots of debt! They are all desperate to live in San Ramon or Cupertino and will pay and do whatever it takes to get there.
The world is doomed. At least us "ugly Americans" only numbered in the millions. The Indians and Chinese are in the billions.
@tude, In general most of the Indians and Chinese, and Asians in general have a tendency to save their money rather than spend it. Its part of their upbringing and culture. So the folks you know are the exception and mostly a small percentage of Indians here.
@tude, In general most of the Indians and Chinese, and Asians in general have a tendency to save their money rather than spend it. Its part of their upbringing and culture. So the folks you know are the exception and mostly a small percentage of Indians here.
You can SAY that, but the neighborhoods they are taking over are not cheap (and they are part pf the reason why). I also work with A LOT of them in my field, I am actually the one and only non-Indian in my group. They all have fancy, new cars, take loads of vacations, and are buying homes in San Ramon/Pleasanton like mad. In addition they love their CC memberships at places like the Bridges, which is also not cheap.
My husband is also half-Chinese from immigrant parents. All his family and friends spend money like crazy and live in fancy/expensive homes in Lamorinda and Alamo/Danville, and spend loads of money on expensive cars, travel and CC memberships.
I think the "frugal Asian" is an old stereotype that is rapidly changing, both here and abroad.
"Two decades ago, Indian-Americans started changing the story of Silicon Valley's Asian community. Now, they have rewritten it."
Blob Blob Blob!
one in four back in 1990 were asian living cupertino..twenty years ago.
Did that prevent prices from falling ? And how many are natives not immigrants anyway?
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guess where they are the concentrated : Cupertino :-)
http://www.mercurynews.com/census/ci_18046364
And 'white flight' from Cupertino:
http://www.wsjclassroomedition.com/teen/teencenter/05nov_whiteflight.htm