Just to share something with someone who is investing in the housing market.- }# {" A5 u/ [% }; U
Bought another condo and rent it with $1300/month. Condo fee2 [ [) X4 r7 F7 d( ~6 Q
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.# t8 O% Z" a8 F
Also bought a new luxury apartment in China last month with $150,000.* W) ~4 A; e0 C) `4 c
That unit worths $160,000 this month.! M8 H$ f c- d0 g; k
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.) \2 ?, P f2 z$ u @
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.% J- `4 {+ B0 Y- D
Well, it is still the highest ever for my currency exchange history.