Just to share something with someone who is investing in the housing market.+ ~* h5 h) l/ B, ^' \7 m8 z
Bought another condo and rent it with $1300/month. Condo fee* r: k, t# h1 `
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.) j! o+ r" {% [2 F0 w! @
Also bought a new luxury apartment in China last month with $150,000.& E6 M) U4 n" l3 {: ~- y
That unit worths $160,000 this month. * f# z: ?5 O5 ^9 r# s: V: SDon't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.( p$ m& y% ] P# Z1 I
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 4 B' C0 U$ R7 k) fWell, it is still the highest ever for my currency exchange history.