Just to share something with someone who is investing in the housing market. 9 o& }3 U9 z/ O: b1 @Bought another condo and rent it with $1300/month. Condo fee0 z r9 Y3 S8 G% Z. U# [3 ]# Q
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.' z8 ^1 g4 n; p; P
Also bought a new luxury apartment in China last month with $150,000. 2 R1 k8 U% C& H% gThat unit worths $160,000 this month.* c9 x7 v* I2 v; v& j
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist. & w$ j* T R" x9 c4 hI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. + C* E" x; j0 {; Q4 ~. |Well, it is still the highest ever for my currency exchange history.