Just to share something with someone who is investing in the housing market. t9 L' J5 e/ j9 s }: U- q' B
Bought another condo and rent it with $1300/month. Condo fee & N5 x+ Q v0 sand loan interest (3 years prime-0.85) total $1100/month. Not too bad. 1 B: Y8 m6 N( |: f- KAlso bought a new luxury apartment in China last month with $150,000. 9 F0 Q) u/ m) B6 u$ B& l aThat unit worths $160,000 this month.+ K; u: C0 j3 j* g; r
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.0 o1 V8 H0 l: l2 |2 Y3 E
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. ! @3 c( I' D) b& h0 m8 \- Z0 BWell, it is still the highest ever for my currency exchange history.