Just to share something with someone who is investing in the housing market. * ~) r/ I1 Z" rBought another condo and rent it with $1300/month. Condo fee 6 U$ x: m9 c2 l) zand loan interest (3 years prime-0.85) total $1100/month. Not too bad. 8 u. v9 P+ d4 s$ ], |& b( [Also bought a new luxury apartment in China last month with $150,000.; }7 a9 i8 K2 R) J8 d6 u+ ^
That unit worths $160,000 this month.5 d0 D" n9 D3 F7 _$ A: v! M$ y
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist. 9 @4 J$ m$ Q K. {6 d0 XI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. - o" U. _9 r0 h% L# A2 uWell, it is still the highest ever for my currency exchange history.