Just to share something with someone who is investing in the housing market.+ x; W" y& ?& d$ X
Bought another condo and rent it with $1300/month. Condo fee$ K6 w9 f& {' s# ~" u
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. : U8 X/ I: K) SAlso bought a new luxury apartment in China last month with $150,000. ( K; Z0 c$ e$ qThat unit worths $160,000 this month. , m9 [4 \1 O/ l# ^$ R% y& {; GDon'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; P _/ G8 Z
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime., c) v+ G/ _4 e/ |3 @, v
Well, it is still the highest ever for my currency exchange history.