Just to share something with someone who is investing in the housing market. % i3 }; c' T" G( _; \! I7 fBought another condo and rent it with $1300/month. Condo fee ( v* P2 }8 v: A/ x+ p! yand loan interest (3 years prime-0.85) total $1100/month. Not too bad." c3 a* d5 Y4 `3 c Z- }
Also bought a new luxury apartment in China last month with $150,000. - i8 G/ ~4 i4 N- ?7 dThat unit worths $160,000 this month. . b# S7 Z2 e; C, G* V2 ODon'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.6 w9 K6 y! l4 v/ W ~! u
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime." i5 h) e9 ?8 g# Y* o
Well, it is still the highest ever for my currency exchange history.