That saying was right - He'd take your women due to his suave & panache coupled with his dashing good looks & he'd take your job because of his immensely admirably level of intellect & confidence - So yes....never trust a Kashmiri & stay well clear of them !
Or maybe you can just realize that these anecdotes & sayings are little more than the musing of some old people from 'your areas' who pitted themselves against Kashmiris & fell far....far too short & hence slung mud at them out of the bitterness of their failure !
And this nose-piercing thing is some new sh*t !