Just to share something with someone who is investing in the housing market.4 R e4 ]- S' s
Bought another condo and rent it with $1300/month. Condo fee4 a( K4 G! E# @4 {4 t
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 1 H9 L7 [7 `6 k2 XAlso bought a new luxury apartment in China last month with $150,000. ! | ], K% C) M3 y/ ~! c) bThat unit worths $160,000 this month.% S6 q8 J. S) _0 H8 o
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist. ( G" c6 v$ F5 ~I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.- Y8 P' M# O1 J- F1 H+ q# i
Well, it is still the highest ever for my currency exchange history.