Just to share something with someone who is investing in the housing market. 6 C1 t: Q/ e9 j6 }# PBought another condo and rent it with $1300/month. Condo fee$ o& F# ~9 S! b) {( G" B3 I
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. * ]2 U# T# t$ v ?3 nAlso bought a new luxury apartment in China last month with $150,000.1 [- `1 {1 F" H- U, A8 z2 {8 f! M
That unit worths $160,000 this month.0 Y( Y1 A/ c7 T
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. & D, p# y' I7 z" o( ~" TI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime." F) S t& w$ D1 f' {: [* c$ T
Well, it is still the highest ever for my currency exchange history.