Just to share something with someone who is investing in the housing market.% G6 q2 |$ P, M; P5 }& x
Bought another condo and rent it with $1300/month. Condo fee* k( {% e& H$ T' L% t
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 9 G* W( m. j: u( C6 C+ x$ xAlso bought a new luxury apartment in China last month with $150,000.) \& r) i' M3 ]$ K2 Z# U: Z
That unit worths $160,000 this month./ W2 v2 R" F% j5 Q2 d
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.1 G- x* w! F* Z% j. N* X
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. % O% B: }" F- p f) ^Well, it is still the highest ever for my currency exchange history.