Just to share something with someone who is investing in the housing market. . `& A3 s* Q; `; j" LBought another condo and rent it with $1300/month. Condo fee6 ?$ ]/ L6 G0 `
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.# e- G! A* v) |5 I( k) ?
Also bought a new luxury apartment in China last month with $150,000.# u( p7 O8 E2 E) x$ Y4 t
That unit worths $160,000 this month. ' [; A3 F/ }4 A0 t3 XDon't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.3 k$ ^1 {* i& }: r% ~9 F- m8 w
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.+ f, k+ s6 {0 ]4 c7 Y3 _; h
Well, it is still the highest ever for my currency exchange history.