Just to share something with someone who is investing in the housing market.1 w! K4 u7 Y9 u) J% n$ n3 o
Bought another condo and rent it with $1300/month. Condo fee4 I1 s& ~+ h, V
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 3 x" U* Z3 B0 I$ g; hAlso bought a new luxury apartment in China last month with $150,000. ( a$ }' K, |+ L JThat unit worths $160,000 this month. e6 ^% A$ Q& ?+ Q: P( t/ T1 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.9 k1 a: d& Z( \. M, b: T
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 5 n8 [( ?1 U: z5 Y" X& vWell, it is still the highest ever for my currency exchange history.