Just to share something with someone who is investing in the housing market.0 w/ s5 q: Y. i' n
Bought another condo and rent it with $1300/month. Condo fee/ @5 L! M. d; E! f/ F4 v
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. * n( R l, G5 o! j' PAlso bought a new luxury apartment in China last month with $150,000. 8 b! U0 v+ N( _# G' D, `That unit worths $160,000 this month. : u9 m! m: p# m" dDon'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 o( q& n" h9 ~
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. # I0 G0 u; m9 n* M- e) V# JWell, it is still the highest ever for my currency exchange history.