Just to share something with someone who is investing in the housing market.1 R1 U! R& D4 D
Bought another condo and rent it with $1300/month. Condo fee 2 h0 `* F+ I }# _. T" Band loan interest (3 years prime-0.85) total $1100/month. Not too bad. 5 j* p. P/ @: I! v% K8 F/ N3 CAlso bought a new luxury apartment in China last month with $150,000. & @0 `3 h0 ]3 d, s) R1 kThat unit worths $160,000 this month.2 w; x6 F3 T6 ^4 f
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. $ [% H1 G# `1 w% c2 V1 ^I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. , ?; I* U( f- e2 ?Well, it is still the highest ever for my currency exchange history.