Just to share something with someone who is investing in the housing market.. B1 n ], L% n) G! t2 @4 T" ~
Bought another condo and rent it with $1300/month. Condo fee 2 j& @/ ?) E4 sand loan interest (3 years prime-0.85) total $1100/month. Not too bad.; g# _2 f4 X @- m% N9 D" d7 ]
Also bought a new luxury apartment in China last month with $150,000.; q; d8 d# o5 |; T
That unit worths $160,000 this month.1 O, [; l2 m2 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. , N6 N% S' ~8 T s' W" P7 `I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. ; C6 `% p4 D0 YWell, it is still the highest ever for my currency exchange history.