Just to share something with someone who is investing in the housing market.6 T+ i: o H0 {! L8 j6 r: x- G
Bought another condo and rent it with $1300/month. Condo fee' }6 @$ C9 H5 b, ^( ~; J
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.- R! }+ ]9 Y) @) M- g& I# H; V$ g
Also bought a new luxury apartment in China last month with $150,000.% u& K, H' t# o0 [+ K
That unit worths $160,000 this month.0 K' U0 d/ ^! Q3 u4 [8 l
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. & ]* m. {7 L! Z( T5 |I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. * ]' A, r- I! O8 }# I- hWell, it is still the highest ever for my currency exchange history.