Just to share something with someone who is investing in the housing market.$ h! _/ w9 r0 W
Bought another condo and rent it with $1300/month. Condo fee 5 V: U& c8 \7 G5 d8 j8 T! Fand loan interest (3 years prime-0.85) total $1100/month. Not too bad.4 B( p. K2 O( s+ L1 |
Also bought a new luxury apartment in China last month with $150,000. " p5 v7 I; c+ `! T# {# |- _That unit worths $160,000 this month.( @7 Z$ O" _8 p8 A) ~$ O+ t' @
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." |1 f6 i( t1 S' ]* ?
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 7 C+ e" Q' ]& }3 ?/ p* kWell, it is still the highest ever for my currency exchange history.