Just to share something with someone who is investing in the housing market.# U1 |* C6 d3 z: W( z
Bought another condo and rent it with $1300/month. Condo fee; x& g4 q0 J) T: d% W
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.6 d6 a9 C6 j. w2 G
Also bought a new luxury apartment in China last month with $150,000.1 z8 T- ~. w$ i1 R' c7 y& P/ ^
That unit worths $160,000 this month. 6 t# }& V1 L; v, O. b" cDon'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.& k( {" d5 W' ~# K1 J! ]
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. # g/ z( {! D% ]0 I9 y1 a+ X& HWell, it is still the highest ever for my currency exchange history.