Just to share something with someone who is investing in the housing market. 4 s8 z# E. {4 _& L* U1 }2 u, aBought another condo and rent it with $1300/month. Condo fee 7 G; Z8 b2 ]5 K5 vand loan interest (3 years prime-0.85) total $1100/month. Not too bad. 7 o; O, d* ?. KAlso bought a new luxury apartment in China last month with $150,000. 2 a) H5 ^) ? S4 O# n- dThat unit worths $160,000 this month.0 }/ M4 k% I6 J \- N
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.% U3 S' J* H. H& `: A. }
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. * ]3 ]) k* ~- [+ IWell, it is still the highest ever for my currency exchange history.