Just to share something with someone who is investing in the housing market.6 T/ O0 E& ]' J) B$ j2 P. b6 n
Bought another condo and rent it with $1300/month. Condo fee3 L3 ]7 |. d6 k
and loan interest (3 years prime-0.85) total $1100/month. Not too bad., R0 z. H M8 w5 r4 g
Also bought a new luxury apartment in China last month with $150,000. ) B) f ~ ^' j9 @/ c8 nThat unit worths $160,000 this month.( T( R; l6 W y3 c9 n* b8 [
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. - a! ?7 G/ {- u6 F! h6 v4 ~! qI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. * c' D1 B! w0 }6 d5 LWell, it is still the highest ever for my currency exchange history.