Just to share something with someone who is investing in the housing market.2 B& @! G; j+ o9 Q2 A) H+ m
Bought another condo and rent it with $1300/month. Condo fee! m; r [4 `+ x+ \4 C+ I/ l
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.: G3 r; J9 q+ s) C
Also bought a new luxury apartment in China last month with $150,000.% E( w# a f! t! b2 T$ D9 N
That unit worths $160,000 this month. " d; ^+ r" H( z# Y/ z6 CDon'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. 3 X N; O# s+ A) {I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. % ]% u. s% E a3 j4 r, k$ I1 F+ |Well, it is still the highest ever for my currency exchange history.