Just to share something with someone who is investing in the housing market.0 s1 |# s0 ?3 ]& Q) j0 e3 f
Bought another condo and rent it with $1300/month. Condo fee# |$ R% B; a5 t9 z. `- Z
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.9 N# U! E% d: ?3 Z& s8 n
Also bought a new luxury apartment in China last month with $150,000.8 Y0 V O, g( {. T, Q! T* P
That unit worths $160,000 this month. 9 f8 S6 c& f- Y* J0 \+ @3 vDon'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.6 q8 \4 R3 u) O6 c% h2 r% c; f
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. c* a" u" f+ K7 ^4 b" t$ ^8 z
Well, it is still the highest ever for my currency exchange history.