Just to share something with someone who is investing in the housing market.6 H& ~* t" t9 }/ h9 S+ f4 T# I# w
Bought another condo and rent it with $1300/month. Condo fee- l) Z0 k* l$ o
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.* K& n* ^4 J+ _; q- j
Also bought a new luxury apartment in China last month with $150,000." K, |% w8 w% B3 Y# T
That unit worths $160,000 this month.. [1 X0 K& `: p: e
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. - n. m( ?7 u) y; f+ wI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. $ e& ?2 R" a- b; y1 KWell, it is still the highest ever for my currency exchange history.