Just to share something with someone who is investing in the housing market. 1 r) W1 I3 Q7 o9 T! Z; mBought another condo and rent it with $1300/month. Condo fee* [7 s' C6 ~& w; M- }
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. - d5 P9 c8 c( m, vAlso bought a new luxury apartment in China last month with $150,000.4 |: M# F1 W# q8 T0 M
That unit worths $160,000 this month.) t/ H, f2 u' B# 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. u! ^4 C, j! ? `3 n5 K4 s" J
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.+ L; e+ H- S3 b8 @7 `6 \) ]
Well, it is still the highest ever for my currency exchange history.