Just to share something with someone who is investing in the housing market. 2 r0 N; J! _# a \8 f8 `( cBought another condo and rent it with $1300/month. Condo fee l4 P4 W0 s6 v: v" G9 S/ i4 ^and loan interest (3 years prime-0.85) total $1100/month. Not too bad.7 S) F. Q; Q! c4 R- R
Also bought a new luxury apartment in China last month with $150,000. 3 G# _, h% ~. u3 a2 V. HThat unit worths $160,000 this month.6 L. L7 C2 i2 X
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. 1 K1 d. F, m' V. O/ f( xI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.7 L0 @5 @' H6 |% g6 D
Well, it is still the highest ever for my currency exchange history.