Just to share something with someone who is investing in the housing market. & o% s0 K2 j8 T8 x) f! t3 cBought another condo and rent it with $1300/month. Condo fee* a0 O0 N; Q& }; D- `% k$ Y/ }( ^
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. : C% q; G; p( I& \7 ^* CAlso bought a new luxury apartment in China last month with $150,000.% E+ x: V4 c: a7 Y
That unit worths $160,000 this month. 7 E; K4 ?/ j. S6 i" U' \& \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.- \5 r, W4 m' d7 H7 n' b
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.+ t% N1 ]% q3 L% a% u; U
Well, it is still the highest ever for my currency exchange history.