Just to share something with someone who is investing in the housing market. 2 N- [: n6 W* ] O% e: R6 xBought another condo and rent it with $1300/month. Condo fee& m& T$ h- O, o7 V) m
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. ) ?% ^2 ?* @; ~$ ?Also bought a new luxury apartment in China last month with $150,000.8 Q$ b5 B" B$ o& ]0 d, Z
That unit worths $160,000 this month. : Q9 U. r. m- s( RDon'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. l4 _- P% T9 d, L! p
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.+ U/ m& s3 ] ~/ k0 }# ]7 ]
Well, it is still the highest ever for my currency exchange history.