Just to share something with someone who is investing in the housing market.$ y9 @2 S' G. G- W
Bought another condo and rent it with $1300/month. Condo fee 7 q. w2 G* Q- n2 ~7 aand loan interest (3 years prime-0.85) total $1100/month. Not too bad.6 d( w; n. m( x D1 v3 `9 y* T
Also bought a new luxury apartment in China last month with $150,000.8 l5 p; }" q5 e9 D" L3 ?) b5 P- ~
That unit worths $160,000 this month. 8 `1 D) D2 f7 e+ x! 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.' F/ g6 J8 q0 r T9 ?1 M! d+ t: c+ O2 E
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. & P n! ?4 k( ? o) p/ `4 _6 L2 g9 pWell, it is still the highest ever for my currency exchange history.