Just to share something with someone who is investing in the housing market. 2 S' h+ k4 j3 {2 B) ~; y6 a+ GBought another condo and rent it with $1300/month. Condo fee) m9 }; e) C4 g: H: L2 R0 X0 V
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. $ E3 b* z; N" n7 o) E! I0 K" WAlso bought a new luxury apartment in China last month with $150,000. , o: S8 K& _: ~$ AThat unit worths $160,000 this month.) O: a! d% w/ N" h
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist. ' n& t& u5 }( a8 b! S5 w+ `$ EI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 7 g/ @5 q0 i# O( ?3 N3 KWell, it is still the highest ever for my currency exchange history.