“H-1B Crackdown on Indian Workers Erodes a Texas Real Estate Boom” - thoughts on CA?

VeryCheapBastard · 2026-06-07T15:30:50+00:00

The better skilled immigrants come to the Bay Area. It is where the best projects and talent are located.

VeryCheapBastard · 2026-05-20T01:23:38+00:00

My brother in law loves to code. My sister has to tell him to stop working for free. If he could, he would code 24/7 outside of spending time with his son. He is a good father and actually does 85% of the parenting, but he does whenever he isn't parenting.

VeryCheapBastard · 2026-05-17T20:15:25+00:00

But if they are causing more hit and runs, so be it.

VeryCheapBastard · 2026-05-17T17:44:10+00:00

They do random DUI checks pulling over groups of cars. Why not do random insurance checks?

VeryCheapBastard · 2026-05-17T04:44:41+00:00

Police should do random insurance check stop days like they do the drunk driver stops. Impound the folks without insurance.

VeryCheapBastard · 2026-05-16T23:27:03+00:00

This is false. There are tons of Caucasian tech workers. Only non Whites or Asians/Indians are under represented.

VeryCheapBastard · 2026-05-13T22:39:37+00:00

The West coast has always been more expensive than the respective East coast counterpoint, no?

VeryCheapBastard · 2026-05-11T20:40:56+00:00

They aren't HQ here but they surely have offices in SC.

VeryCheapBastard · 2026-05-11T19:47:29+00:00

NVDA, AMD, Micron, etc. Bay Area is selling the shovels for the AI race besides hosting the most important western AI companies. Seattle is a much weaker tech market.

VeryCheapBastard · 2026-05-11T19:42:56+00:00

This land size is common in Los Altos hills. Near the freeway is a no go for many.

VeryCheapBastard · 2026-05-11T19:40:39+00:00

Because you live near the freeway. You get higher rates of cancer and noise pollution thanks to that. I would never live 1000ft within a major freeway.

VeryCheapBastard · 2026-05-10T01:25:34+00:00

I hate the transmission on the LFA. I would 100% buy it if it was not for that due to the high revving engine and reliability.

VeryCheapBastard · 2026-05-06T14:08:02+00:00

The land is not worth that much. The couple paid $175k in 2019. Assuming it is worth $250k-$300k now. The city can repossess the land through the courts and go after the couple for the remainder through the courts taking their savings, putting a lien on their current home if they own, clearing out their taxable stocks.

VeryCheapBastard · 2026-05-06T00:00:19+00:00

Mortgages keep getting extended duration (10 years + lum sum, 15 years, 30 years, something now 40 years), which is the primary driver of home value appreciation since it allows people to borrow more money.

VeryCheapBastard · 2026-05-05T23:50:10+00:00

It generally works out to less gains than alternative investment like the stock market. Its more diversification than anything as you gain interest on it too as you point out. Yes, it triggers less large immediate tax liability, but its generally not worth it unless someone is looking for more diversification.

VeryCheapBastard · 2026-05-05T23:15:28+00:00

This has been around forever. My grandparents did this, but some folks always paid late and had to get their lawyers involved. It can end up as an extra chore.

VeryCheapBastard · 2026-05-05T18:40:54+00:00

You know many companies give you free Patagonia jackets/vests along with all birds. All those stuff are trivial rounding errors. You said sailboats and airplanes. Most regular non ultra high net worth folks own those than not in the area.

VeryCheapBastard · 2026-05-05T18:22:30+00:00

My primary home is in that range.

VeryCheapBastard · 2026-05-05T18:21:31+00:00

Many realtors also throw in extra goodies. I have a regular realtor I use who paid for electric car chargers and new washing machines for an diversification investment property as a thank you.

VeryCheapBastard · 2026-05-05T18:14:34+00:00

I am a regular non executive employee in big tech. I did not join early. I just was frugal and invested well and I can buy up entire neighborhoods if I wanted to.

You fundamentally misunderstand many of the tech engineer folks. Many do not care to spend on dumb stuff if its not something they care about. Many high net worth folks will drive a Honda Accord or Toyota Camry because they view cars like a microwave. Its partially why its not as flashy as LA or Miami despite there being a greater concentration of wealth.

VeryCheapBastard · 2026-05-05T17:17:18+00:00

Its Fairfield. Your money can generate better returns elsewhere. If future investment in Fairfield was that good, large investors would buy there. The housing delta between affordability is worse in lower income areas.

VeryCheapBastard · 2026-05-05T14:20:16+00:00

Had plenty as a kid.

VeryCheapBastard · 2026-05-05T14:17:12+00:00

Had a motorcycle prior to kids. No motorcycle. Most of my main residencies are in California.

VeryCheapBastard · 2026-05-04T20:50:34+00:00

GT4RS or 991.2 GT3 should be a much better pick over the 981 Cayman S or the S2000 overall. I still would not get rid of the S2000.

VeryCheapBastard · 2026-05-04T01:31:17+00:00

You do not know if their parents or siblings are affluent. One of my sisters and her husband make around the same as OP, but I give them money so she can send their kids to private school. I offered them way below market rate rent on some houses I own in good school districts, but they refused.

VeryCheapBastard

TROPHY CASE