Just to share something with someone who is investing in the housing market.9 e& w+ g# n6 \5 h5 e6 {
Bought another condo and rent it with $1300/month. Condo fee$ {1 Z' @: q" w9 ~9 D3 l6 v
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. , Q, f% C* k2 F" Y- Y7 y' Q1 {; nAlso bought a new luxury apartment in China last month with $150,000. ; i9 h a8 X3 v* m s) PThat unit worths $160,000 this month. " m/ }! i S7 M$ r% ]* M1 lDon'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. ( M# I+ {* h0 cI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. - b4 J1 X, x3 j, Y8 kWell, it is still the highest ever for my currency exchange history.