Just to share something with someone who is investing in the housing market.: G8 P: y* y! l$ x
Bought another condo and rent it with $1300/month. Condo fee: L5 ?' b( e: T5 G0 V9 [2 M6 s! F
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.; u7 p3 p, D8 _
Also bought a new luxury apartment in China last month with $150,000.4 n- [; F1 R2 t9 W' y; N' _5 M
That unit worths $160,000 this month. " z8 B. r. J2 h% `7 uDon't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.7 ~7 P# ]) Y$ E) Y, @
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. ! N$ X8 _7 d4 w2 K5 b' ?Well, it is still the highest ever for my currency exchange history.