Just to share something with someone who is investing in the housing market. . l$ A$ C6 V$ w4 c( @Bought another condo and rent it with $1300/month. Condo fee # M9 _" m9 ^7 W) l$ `and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 6 t& w( i9 Z' ~1 l+ `Also bought a new luxury apartment in China last month with $150,000.# V: ^; i. n1 y0 [
That unit worths $160,000 this month.6 X8 k6 a; G5 ~# ?. s1 c
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.2 z7 i( K: K7 {
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.4 Q% ?1 w7 ~/ s/ m
Well, it is still the highest ever for my currency exchange history.