Just to share something with someone who is investing in the housing market.. f) n7 A- n& i5 Z! C9 J! _
Bought another condo and rent it with $1300/month. Condo fee 1 t7 G8 z1 \6 z: _3 D" M U+ Pand loan interest (3 years prime-0.85) total $1100/month. Not too bad. ) @2 o e8 }/ {$ K2 a! QAlso bought a new luxury apartment in China last month with $150,000. ' Z4 l2 @& z& E9 ?: b# |1 hThat unit worths $160,000 this month., [& k( r; I% o
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. f2 Z' R" r# T" Y& e
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.; @( s6 h2 H5 E% a+ T" C
Well, it is still the highest ever for my currency exchange history.