Just to share something with someone who is investing in the housing market.2 x( v% o+ n. R6 d$ L
Bought another condo and rent it with $1300/month. Condo fee; V D9 t% V# F& ~5 Q# x6 U
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. " _3 ]) p: B1 Y/ SAlso bought a new luxury apartment in China last month with $150,000.. Q! j# Z. t+ m' H6 g6 r/ l
That unit worths $160,000 this month. % X" v0 t3 Y' e5 wDon't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.$ O0 U; x* \! k7 M8 H$ n
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. : a: ^* D H& n6 Z2 |' EWell, it is still the highest ever for my currency exchange history.