FCBs are buying up this project in Jersey City

[irvinehomeshopper]

Across The Hudson FCBs are all over this KHov project
http://www.newjerseyrealestateguys.com/blog/77-hudson-for-sale-foreign-buyers-investor/

Proximity to NYC Chinatown across the tunnel made this location ideal for Chinese buyers. Rutger's campus similar to UCI with 50% Asian population is also close by. Parents bought units for their college kids studying abroad.

 

[sgip]

How might this article reflect on the builder community as a whole, in areas not impacted by FCB's?

http://www.calculatedriskblog.com/2014/03/lawler-on-hovnanian-net-home-orders-far.html

..."sales incentives coming.."