Just to share something with someone who is investing in the housing market. 4 [, u# I6 I* U# X4 ]Bought another condo and rent it with $1300/month. Condo fee $ y1 a# a$ U0 K% E- ?and loan interest (3 years prime-0.85) total $1100/month. Not too bad. # y. S: w9 K& S# tAlso bought a new luxury apartment in China last month with $150,000.' c' N/ ^/ q2 S- b4 |' Z
That unit worths $160,000 this month.; @ Z Q( P. [( J- C
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist. ( k$ s3 N# k) u8 w* q O- I+ E$ PI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 5 C9 q6 s( X6 O- E( rWell, it is still the highest ever for my currency exchange history.