Just to share something with someone who is investing in the housing market.1 A# J& P# o. r
Bought another condo and rent it with $1300/month. Condo fee9 N5 k: c" g3 y
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 8 w2 t! P& Y& j9 y1 e* C8 iAlso bought a new luxury apartment in China last month with $150,000. ' b/ o) u2 N( H7 t! @That unit worths $160,000 this month.# [4 Q9 q+ Q5 d& u1 h8 D& S! w
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.2 i: U+ h1 ^$ i* @0 u# |
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 1 }1 L6 ~. ~8 m: [ P- b' z+ rWell, it is still the highest ever for my currency exchange history.