Just to share something with someone who is investing in the housing market.1 e* |, ]7 ?- i; r5 t+ n
Bought another condo and rent it with $1300/month. Condo fee( u8 G& o* p: P% m8 L; s
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. / N4 I* z+ X7 LAlso bought a new luxury apartment in China last month with $150,000.' h# H; A6 n5 W6 r& s3 ?
That unit worths $160,000 this month.4 o: }' j Y2 D% t9 z
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.: C7 Q* P% ]+ m7 @. R# B
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. % A$ a, H: K* r' J4 RWell, it is still the highest ever for my currency exchange history.