Just to share something with someone who is investing in the housing market.6 n! S4 W3 Y9 O- V9 i9 u$ Y& r
Bought another condo and rent it with $1300/month. Condo fee$ a% y' V! P' Y- p
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. % h% ]! O! _. eAlso bought a new luxury apartment in China last month with $150,000. 2 ?: c* C& X* ?' d8 S' ^* @" sThat unit worths $160,000 this month. * A P5 `% I; f+ p% D) c- fDon'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.1 {8 e2 T6 E" J9 ` L
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. # [% h( `6 _: T8 kWell, it is still the highest ever for my currency exchange history.