Just to share something with someone who is investing in the housing market.5 w+ h$ l" K. r/ \
Bought another condo and rent it with $1300/month. Condo fee1 D/ ~; j1 S v9 {! j6 I
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. + {% G7 W$ L# M" t/ t6 C" E/ v) }Also bought a new luxury apartment in China last month with $150,000. ( e9 w5 t, x( H6 w1 W* CThat unit worths $160,000 this month. % V) r( m9 S# R: wDon'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. 0 K# x Q( I( ?, c& II am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. : w7 p0 G6 a9 S4 W+ ?Well, it is still the highest ever for my currency exchange history.