Just to share something with someone who is investing in the housing market., Y( t! l/ Y& a N1 x* |. T# s
Bought another condo and rent it with $1300/month. Condo fee) z# ?2 q3 Q+ K9 b. H
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 0 D' O$ ^0 d" |$ UAlso bought a new luxury apartment in China last month with $150,000.) W. f: \* X- x) ~3 B
That unit worths $160,000 this month.4 L0 T8 M9 N8 j& J$ _
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. + o/ @# j4 w8 y0 @' oI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 6 Y' r0 u- J( {# `3 h+ DWell, it is still the highest ever for my currency exchange history.