Just to share something with someone who is investing in the housing market.+ l+ X9 S) H5 \# g& T
Bought another condo and rent it with $1300/month. Condo fee5 Z/ X. R W' O- [# J$ v. Y
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.9 K' `9 m1 K# P+ C) h5 p
Also bought a new luxury apartment in China last month with $150,000.! q8 Q( I4 q0 B
That unit worths $160,000 this month., W& h; z8 i% q3 U: x7 I* M
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. 0 T5 t- e7 D) r5 ]. F- J/ \) OI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.5 v9 l7 f5 }8 ` U5 s
Well, it is still the highest ever for my currency exchange history.