5 ms·

I think s/he means that there's no evidence that there are more Chinese investors than one would expect. Let's say there are only 3 kinds of investors: Chinese

I think s/he means that there's no evidence that there are more Chinese investors than one would expect. Let's say there are only 3 kinds of investors: Chinese, Chilean and Czech. In a ideal world where those countries have the same population and the same wealth distribution, you'd expect each country to be represented equally, so you'd expect 33% of investors to be Chinese, 33%$ to be Chilean and 33% to be Czech. Now, if you see that 40% of investors are Chinese, then they are clearly over-represented. It's kind of difficult to define 'over-representation' in this case, because the normal parameter (population of country of origin) doesn't really apply. Now, if you define it as 'number of people with the money to invest in housing in California', maybe you have a way to measure it...

stcredzero 12y ago
Don't underestimate the effect of information sharing in inter-personal social networks. (Of the people variety, probably facilitated by online social networks.) The Chinese ethnic communities in the Bay Area have well established networks of people with a culture of facilitating opportunities for each other.
- msie 12y ago
  The Chinese ethnic communities in the Bay Area have well established networks of people with a culture of facilitating opportunities for each other. Ya, like other groups in California don't?
  - msie 12y ago
    Surprised I was down-voted for pointing out something that's mildly racist. Do we ignore all the back-scratching that's been happening in the California high-tech sector (and one that's lacking in diversity too)?
    - stcredzero 12y ago
      Surprised I was down-voted for pointing out something that's mildly racist. I am Asian myself, though not Chinese. There are such groups associated with my ethnicity which engage in such mutual support. I, personally, am not laboring under the impression that this is any kind of proof of one group's superiority over another. Please produce your evidence to the contrary. So, is any mention of ethnicity an automatic indicator of mild racism? How is this at all logical? It's not, so I'm pleasantly surprised that you were downvoted. Do we ignore all the back-scratching that's been happening in the California high-tech sector (and one that's lacking in diversity too)? No. If you look back on my posts, you'll find frequent comparisons of mine of the Bay Area tech sector to the old boy network in Mad Men.
  - stcredzero 12y ago
    Ya, like other groups in California don't? Some of the Asian communities do a better job of it than other ethnic communities. That isn't racist. Facts aren't racist. Only people's interpretation of facts can be racist. It only says something about you if your only interpretation is that the condition is directly tied to race. If the condition isn't tied to race, then noting this might cause other people to benefit themselves economically through cooperation.
- Decade 12y ago
  People form networks with their friends to help each other. This is not a remarkable thing, and it doesn't benefit all Chinese. I have a couple friends, immigrants from China, who wanted to retire and move to a part of San Francisco with less steep hills. They complained that every time they found a place, it would be snatched away by somebody with a whole lot of cash. Mainly, somebody from China. Eventually, they did find a nice little house in the desired neighborhood, much smaller, only a few yards away from a bunch of grocery stores and the church that they attend. So, that worked out for them.
tsotha 12y ago
Eh, what? Chile has 18 million people, The Czech Republic has 11 million. China has 1,356 million. I would expect the Chinese investors to comprise 98% of the three nationalities.
- dguaraglia 12y ago
  > In a ideal world where those countries have the same population and the same wealth distribution, you'd expect each country to be represented equally... That part was kinda important to understand the example :)
  - tsotha 12y ago
    Obviously I missed the "same population" part. I still don't get the point, though. You can still say a certain ethnic group or nationality is over-represented by adjusting for wealth and population.

stcredzero 12y ago

Don't underestimate the effect of information sharing in inter-personal social networks. (Of the people variety, probably facilitated by online social networks.) The Chinese ethnic communities in the Bay Area have well established networks of people with a culture of facilitating opportunities for each other.

msie 12y ago
The Chinese ethnic communities in the Bay Area have well established networks of people with a culture of facilitating opportunities for each other. Ya, like other groups in California don't?
- msie 12y ago
  Surprised I was down-voted for pointing out something that's mildly racist. Do we ignore all the back-scratching that's been happening in the California high-tech sector (and one that's lacking in diversity too)?
  - stcredzero 12y ago
    Surprised I was down-voted for pointing out something that's mildly racist. I am Asian myself, though not Chinese. There are such groups associated with my ethnicity which engage in such mutual support. I, personally, am not laboring under the impression that this is any kind of proof of one group's superiority over another. Please produce your evidence to the contrary. So, is any mention of ethnicity an automatic indicator of mild racism? How is this at all logical? It's not, so I'm pleasantly surprised that you were downvoted. Do we ignore all the back-scratching that's been happening in the California high-tech sector (and one that's lacking in diversity too)? No. If you look back on my posts, you'll find frequent comparisons of mine of the Bay Area tech sector to the old boy network in Mad Men.
- stcredzero 12y ago
  Ya, like other groups in California don't? Some of the Asian communities do a better job of it than other ethnic communities. That isn't racist. Facts aren't racist. Only people's interpretation of facts can be racist. It only says something about you if your only interpretation is that the condition is directly tied to race. If the condition isn't tied to race, then noting this might cause other people to benefit themselves economically through cooperation.
Decade 12y ago
People form networks with their friends to help each other. This is not a remarkable thing, and it doesn't benefit all Chinese. I have a couple friends, immigrants from China, who wanted to retire and move to a part of San Francisco with less steep hills. They complained that every time they found a place, it would be snatched away by somebody with a whole lot of cash. Mainly, somebody from China. Eventually, they did find a nice little house in the desired neighborhood, much smaller, only a few yards away from a bunch of grocery stores and the church that they attend. So, that worked out for them.

tsotha 12y ago

Eh, what? Chile has 18 million people, The Czech Republic has 11 million. China has 1,356 million. I would expect the Chinese investors to comprise 98% of the three nationalities.

dguaraglia 12y ago
> In a ideal world where those countries have the same population and the same wealth distribution, you'd expect each country to be represented equally... That part was kinda important to understand the example :)
- tsotha 12y ago
  Obviously I missed the "same population" part. I still don't get the point, though. You can still say a certain ethnic group or nationality is over-represented by adjusting for wealth and population.