Just to share something with someone who is investing in the housing market.# Y G* Y# |9 K8 J' Y: {
Bought another condo and rent it with $1300/month. Condo fee & H& P, [; P9 B+ W- L& k6 kand loan interest (3 years prime-0.85) total $1100/month. Not too bad. Z* h" ?! A: D- D: T$ u9 [Also bought a new luxury apartment in China last month with $150,000.; C$ z# {& d$ T! X+ i s6 Z
That unit worths $160,000 this month.( v* z# m9 s& Z" o1 u4 {
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. # U: F9 k/ Z2 P4 f9 S+ cI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.# h3 O* y+ c. P# F, ~1 S( l: ?
Well, it is still the highest ever for my currency exchange history.