Just to share something with someone who is investing in the housing market. _$ O9 n3 F8 {$ P; m( P( L
Bought another condo and rent it with $1300/month. Condo fee4 U& A7 i: c6 ?4 K; _
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 4 n- o' O3 E4 ?; hAlso bought a new luxury apartment in China last month with $150,000.5 E V1 B7 C/ G
That unit worths $160,000 this month. 3 h& Z4 @$ u8 M# RDon'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./ B/ [" P' z" M/ j [7 V; ~+ C
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. / B3 r4 m$ z+ i# UWell, it is still the highest ever for my currency exchange history.