U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-29-2018, 10:05 AM
 
312 posts, read 207,210 times
Reputation: 601

Advertisements

I would have thought that with such a large KTown and dominant part of LA's culture, they'd be much closer to the top

[IMG][/IMG]

Last edited by Commonproject; 06-29-2018 at 11:03 AM..
Reply With Quote Quick reply to this message

 
Old 06-29-2018, 10:16 AM
 
Location: Southern California
12,666 posts, read 11,414,284 times
Reputation: 35057
Not one bit surprised by any of this.
Reply With Quote Quick reply to this message
 
Old 06-29-2018, 10:42 AM
 
3,437 posts, read 2,298,088 times
Reputation: 2459
is this household? or individuals?
Reply With Quote Quick reply to this message
 
Old 06-29-2018, 11:01 AM
 
312 posts, read 207,210 times
Reputation: 601
This is household assets

full report here

https://riseoftheasianmale.wordpress...erican-wealth/




There is literally a 20x gap between Chinese/Japanese and Koreans
Reply With Quote Quick reply to this message
 
Old 06-29-2018, 11:19 AM
 
3,437 posts, read 2,298,088 times
Reputation: 2459
hard to believe..seems to me that Koreans are well educated and those serving in Korean BBQs are just students finishing their studies and become yuppies


have no beef with servers but if you go to a Chinese Resto or Buffet, most of the Chinese servers are adults so you would equate them with lower income. same thing with Vietnamese servers.


but Koreans? I thought they are just students coz they look like it
Reply With Quote Quick reply to this message
 
Old 06-29-2018, 11:36 AM
 
4,484 posts, read 8,240,496 times
Reputation: 6568
I haven't read the report and frankly I don't give these type of reports much thought. Is there a correlation between how wealthy the countries of origin are, how long their people have been in the US and how well they do here? Japan and China are strong countries economically, so the people who come here from those countries are likely to be well-off. Also Japanese and Chinese Americans have been here a long time, compared to more recent refugees from poor, war torn countries.

I bet things like cash, gold, and assets from the motherland are not accounted for in these reports.
Reply With Quote Quick reply to this message
 
Old 06-29-2018, 11:53 AM
 
3,437 posts, read 2,298,088 times
Reputation: 2459
Quote:
Originally Posted by davidt1 View Post
I haven't read the report and frankly I don't give these type of reports much thought. Is there a correlation between how wealthy the countries of origin are, how long their people have been in the US and how well they do here? Japan and China are strong countries economically, so the people who come here from those countries are likely to be well-off. Also Japanese and Chinese Americans have been here a long time, compared to more recent refugees from poor, war torn countries.

I bet things like cash, gold, and assets from the motherland are not accounted for in these reports.
they assumed that's the reason for some immigrants


I know a couple whose parents paid for the DP of their house. another one was bequeathed their family house to her (that's in the US already). and they work in a high paying industry. with no student loans.
Reply With Quote Quick reply to this message
 
Old 06-30-2018, 05:10 PM
 
Location: Laguna Niguel, Orange County CA
9,809 posts, read 8,301,699 times
Reputation: 7917
Quote:
Originally Posted by payutenyodagimas View Post
they assumed that's the reason for some immigrants


I know a couple whose parents paid for the DP of their house. another one was bequeathed their family house to her (that's in the US already). and they work in a high paying industry. with no student loans.
Assuming arguendo that that explains the success of some groups, other groups have simply done far better than whites and it was not due to advantages they had, but rather, due to hard work, investments and different cultures.

White and black Americans need to look carefully to learn what they are doing wrong.
Reply With Quote Quick reply to this message
 
Old 07-02-2018, 01:40 AM
 
Location: SoCal
3,877 posts, read 2,819,817 times
Reputation: 3183
With these asian groups many that have came to the US in the last 30 years have came from wealthy families in their homes countries.

I know many wealthy asians that have worked hard for what they have, but every single one of them had money back in their home country.

They went from the 1% in their homes countries to the 1% here. I don't know any wealthy asians who truly started from the bottom...
Reply With Quote Quick reply to this message
 
Old 07-02-2018, 10:12 AM
 
3,437 posts, read 2,298,088 times
Reputation: 2459
Quote:
Originally Posted by sean1the1 View Post
With these asian groups many that have came to the US in the last 30 years have came from wealthy families in their homes countries.

I know many wealthy asians that have worked hard for what they have, but every single one of them had money back in their home country.

They went from the 1% in their homes countries to the 1% here. I don't know any wealthy asians who truly started from the bottom...
some maybe but mostly the one who migrate are the middle class.


rich park some of their riches here for insurance but they don't want to live here. nobody want to trade their power/fame for the anonymity of living in the USA
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top