Just to share something with someone who is investing in the housing market. - B7 F) v2 Z. ]6 l [Bought another condo and rent it with $1300/month. Condo fee! g. f6 p" @+ ?6 w4 K2 G
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.2 x6 `$ O& x0 l$ \: m/ f; Q3 e4 s& X
Also bought a new luxury apartment in China last month with $150,000. w) c- R: M$ D& q, _1 c; Y
That unit worths $160,000 this month. # }* j6 ?/ }6 [' g7 zDon'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. + h5 I z. s7 N7 g/ \/ y! EI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.; y i: T( n. @! p* B# G! B
Well, it is still the highest ever for my currency exchange history.