Just to share something with someone who is investing in the housing market., l" R1 ^* n0 `
Bought another condo and rent it with $1300/month. Condo fee ?% o" q8 Z7 `9 @" {and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 7 j2 P4 Z: F$ pAlso bought a new luxury apartment in China last month with $150,000.. X. T/ p( l& @& D8 @0 X1 H, s
That unit worths $160,000 this month. 8 ?9 s; W$ _" FDon'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. 9 F3 z! g. C( L& cI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.* c4 ~) w* V7 F" }/ d) r9 X
Well, it is still the highest ever for my currency exchange history.