Just to share something with someone who is investing in the housing market. ' @+ _! Z6 R+ D0 h2 e5 J0 xBought another condo and rent it with $1300/month. Condo fee 0 D- s* H# B/ [2 ]* y2 W1 w# @and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 5 u+ P( q# W1 b- u x) Y* u* AAlso bought a new luxury apartment in China last month with $150,000. 1 I1 ^) C5 m Q/ |( U3 _+ y% `That unit worths $160,000 this month. ; d' ]6 e/ a$ ?7 zDon'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. 6 v* T3 R1 c! \4 hI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 0 j# c+ [+ P$ I$ Z. N2 nWell, it is still the highest ever for my currency exchange history.