Just to share something with someone who is investing in the housing market. . n. V6 Y. e' nBought another condo and rent it with $1300/month. Condo fee0 D8 p2 N+ s' [( Z
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. # o( W9 b/ ]% w, o& o+ RAlso bought a new luxury apartment in China last month with $150,000.. Y/ M" K. W( i9 c4 h
That unit worths $160,000 this month. 8 E9 W. p0 w: s! ZDon't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.6 r& f$ `8 [5 B0 x' N0 |7 t
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime." M& v/ U& l5 M1 N
Well, it is still the highest ever for my currency exchange history.