Just to share something with someone who is investing in the housing market. 1 y8 g& s5 ?0 Z) j6 {/ a3 GBought another condo and rent it with $1300/month. Condo fee9 n0 O* d" I" Q0 P7 H
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.2 z. H w2 _( \
Also bought a new luxury apartment in China last month with $150,000.7 f$ _4 T& Y7 A) j( `" W1 V- B% e
That unit worths $160,000 this month. ( [' y2 Y- |2 F; H/ I5 r8 xDon'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. ( E5 J8 r1 X* \/ s1 }% O. W4 k; QI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.8 W( A$ \# \; i! }
Well, it is still the highest ever for my currency exchange history.