Just to share something with someone who is investing in the housing market. 5 y4 Z J* v2 {/ j5 Q' w C$ XBought another condo and rent it with $1300/month. Condo fee+ E$ p- t) G. h' N. E
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. |5 [; I/ K& \8 k0 X* wAlso bought a new luxury apartment in China last month with $150,000.0 f. f. q% O& y: Y
That unit worths $160,000 this month.: a" D# M7 C4 T9 E
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.1 X% j2 ~/ A" p7 a) _
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.' Q) g9 [: E- o# M6 v
Well, it is still the highest ever for my currency exchange history.