Just to share something with someone who is investing in the housing market. , ?2 _& `4 ^2 T; gBought another condo and rent it with $1300/month. Condo fee 9 u _" u) t( ?5 tand loan interest (3 years prime-0.85) total $1100/month. Not too bad.! c& m: q U1 r
Also bought a new luxury apartment in China last month with $150,000. 3 P* W% Q' P# W1 JThat unit worths $160,000 this month." F- R* ^8 Z/ k
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. 4 O" Q+ M: o7 T* ]6 \I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime., a, \2 E1 }- N$ ?% e( R( u
Well, it is still the highest ever for my currency exchange history.