Just to share something with someone who is investing in the housing market.# K6 y/ C- H. Y4 z+ t2 Y
Bought another condo and rent it with $1300/month. Condo fee : Q5 ?5 T# ?4 ~% x& S( e: hand loan interest (3 years prime-0.85) total $1100/month. Not too bad. . Q( R* }! g# I) i' `- }Also bought a new luxury apartment in China last month with $150,000. ( j0 g! Y& b0 h+ [+ TThat unit worths $160,000 this month.& I* K( ?: Z+ p8 ^/ x& G* P
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. ; B+ n2 x5 Y9 q" f+ n; `, I* YI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.9 X \; Q% A* B% w; l
Well, it is still the highest ever for my currency exchange history.