jamboreedude
New member
Another proof that FCBs (Chinese mostly) really do exist.
"In addition, while borrowing drove many of the Japanese investments in prior decades, Chinese buyers tend to pay in cash."http://online.wsj.com/article/SB100...004173212.html?mod=WSJ_RealEstate_LEADTopNews
"Like many investors from Asian countries, buyers from China mostly want new construction. At Lambert Ranch, a gated development so new in Irvine, Calif., that the leaves on the palm trees haven't yet unfurled, buyers are lining up to buy homes asking between $900,000 to $1.5 million, says Mei Zhou, a Mandarin-speaking real-estate agent in Irvine who uses Skype to communicate with her clients in Asia. About 50% of Lambert's buyers so far are foreigners from Asia, say people close to the community. The development's first 42 available homes sold out in five weeks. "
Where are the Indians though?
"In addition, while borrowing drove many of the Japanese investments in prior decades, Chinese buyers tend to pay in cash."http://online.wsj.com/article/SB100...004173212.html?mod=WSJ_RealEstate_LEADTopNews
"Like many investors from Asian countries, buyers from China mostly want new construction. At Lambert Ranch, a gated development so new in Irvine, Calif., that the leaves on the palm trees haven't yet unfurled, buyers are lining up to buy homes asking between $900,000 to $1.5 million, says Mei Zhou, a Mandarin-speaking real-estate agent in Irvine who uses Skype to communicate with her clients in Asia. About 50% of Lambert's buyers so far are foreigners from Asia, say people close to the community. The development's first 42 available homes sold out in five weeks. "
Where are the Indians though?