Just to share something with someone who is investing in the housing market. 7 } ~7 {! F& M& o" yBought another condo and rent it with $1300/month. Condo fee) l$ x }6 D) A+ S' i8 ]# J
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 9 I# `. Z( k8 @. r, |4 WAlso bought a new luxury apartment in China last month with $150,000. * g0 |( E4 V0 yThat unit worths $160,000 this month. ) {& U& t' P$ ?0 `2 D7 p& R" L" |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.) u4 J6 s- r d6 g
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. Y$ g0 |/ D5 H7 ~3 `2 H8 WWell, it is still the highest ever for my currency exchange history.