Just to share something with someone who is investing in the housing market.* G7 ^5 X9 N g9 a: o4 E
Bought another condo and rent it with $1300/month. Condo fee 1 @* D9 t6 k/ ? e8 C! |6 ?- C+ \and loan interest (3 years prime-0.85) total $1100/month. Not too bad.. H* j3 m) ^. J; s0 `: Y2 l
Also bought a new luxury apartment in China last month with $150,000. * ^+ [8 I" B: V+ W' RThat unit worths $160,000 this month." c' F; y( R0 B5 d% K3 E
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. : d+ N0 Z. y4 n% g! j2 UI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.* F5 I" S7 h3 s: y6 [( h6 V
Well, it is still the highest ever for my currency exchange history.