Just to share something with someone who is investing in the housing market. $ g- E. j0 K6 \7 s2 FBought another condo and rent it with $1300/month. Condo fee5 j5 P! t# t, a' e {8 G) w, j+ l7 H
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.2 ~; S& i1 e4 j1 i7 i; q
Also bought a new luxury apartment in China last month with $150,000.1 a% @& p4 i1 H5 y2 J
That unit worths $160,000 this month.* B l5 e' w% K0 w$ P+ V
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.+ z( B- t8 @( ]2 N3 M5 \& k
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.7 m3 \5 @% K; k4 k! P8 z. ]
Well, it is still the highest ever for my currency exchange history.