Just to share something with someone who is investing in the housing market. & V$ ?6 z9 q& M! |, c iBought another condo and rent it with $1300/month. Condo fee. z0 U) W U! z7 b: ]
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.. s- B! p5 Z4 n
Also bought a new luxury apartment in China last month with $150,000. ' Z8 r7 P3 C! k/ F9 U3 m% }That unit worths $160,000 this month. ; [5 ~5 [* S' w* L# MDon'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; p/ H( a, n) L# l
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. & q) E' J7 h7 b2 M2 z& I, k# nWell, it is still the highest ever for my currency exchange history.