Just to share something with someone who is investing in the housing market.; N9 \) q7 O$ c. u( ^
Bought another condo and rent it with $1300/month. Condo fee" f# h3 x1 v. F) T. j* c/ n
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. # T( u( m3 m: PAlso bought a new luxury apartment in China last month with $150,000.3 f2 \& j- c( g1 Z0 {
That unit worths $160,000 this month.( Y% Q2 b! t5 ^$ d5 s4 v
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist. . ]/ ^5 }# H# K, ~; s- x, u( ]8 oI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.+ e N! H: _* q# P, C
Well, it is still the highest ever for my currency exchange history.