Just to share something with someone who is investing in the housing market.8 b9 y0 Z5 H9 [
Bought another condo and rent it with $1300/month. Condo fee0 u0 f6 q% j' W8 i6 C
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. ) K" o! X0 j0 h9 a7 O4 [/ A7 p6 wAlso bought a new luxury apartment in China last month with $150,000.: r4 x% u; C1 \2 Y# L
That unit worths $160,000 this month. 5 w) N" I0 d& V( x; J+ DDon'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. , i) E" X; I7 w J" |I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.9 N, m5 W& Y7 \) ?+ J
Well, it is still the highest ever for my currency exchange history.