Just to share something with someone who is investing in the housing market.5 ^( o5 \1 y8 P
Bought another condo and rent it with $1300/month. Condo fee 0 k* p v3 M0 k1 u. Yand loan interest (3 years prime-0.85) total $1100/month. Not too bad." G4 V' R8 j O2 ]
Also bought a new luxury apartment in China last month with $150,000. 9 h+ \# l0 |& U! h7 ~4 b4 W0 ]That unit worths $160,000 this month.7 o# n8 @+ M- l2 \, V
Don'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. ; B9 p& ?9 O, z% [( U |I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.& g9 L1 u7 G1 e9 ~) Y" i6 r v. p
Well, it is still the highest ever for my currency exchange history.