Just to share something with someone who is investing in the housing market.+ @1 ^" t% r6 V- Y% G* a
Bought another condo and rent it with $1300/month. Condo fee $ A& X6 \* _7 L' A9 i5 z7 O- Tand loan interest (3 years prime-0.85) total $1100/month. Not too bad.# ?! g5 g% z" V5 r+ m
Also bought a new luxury apartment in China last month with $150,000." L8 j2 E2 o; y% b% F" G1 j( C
That unit worths $160,000 this month.: A, p8 Z. r4 e5 S- l2 l: g; F( m z
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.' \2 j, [0 K# Y" Z; j. U, o, ^7 q
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.8 l4 {6 _# O: a5 m0 K
Well, it is still the highest ever for my currency exchange history.