As you might know Slice, I'm First Generation Chinese. And you're right mostly about the families that move here but spoiled kids pop up everywhere. Asians get a bit more credit than they're due here in the States because a high percentage of Asians (at least Chinese) who emigrate here do so to get a college education. Obviously that's not a fair representation of the whole race.
But it's somewhat true overall. A lot of our family friends - the family situation is that the parents are incredibly cheap so they have a ton of cash but they have really shitty stuff. The parents can have millions in liquid assets but still have a janky old couch covered in plastic and a car that smells funny with stained carpets. I suppose that's the smart way to go for the well-being of your whole family but most of the kids of those parents I know like to live it up just a little bit more.
Funny story unrelated to the kid thing: A friend of mine went to a BMW dealership because she basically only drives Bimmers. She's a middle-aged Jewish woman. She was buying a 5-series at the time I think. Anyway, she said "Hey, there's the new M3. Maybe I'll test drive that one." The salesman said "Ma'am, why would you want to drive an M3? You're not a twenty-something Asian man." She cracked up when she told me that because I had just bought my M3 that year.
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