Just to share something with someone who is investing in the housing market.1 B7 e9 {* k0 A% i: ^
Bought another condo and rent it with $1300/month. Condo fee 8 N- s: C% J. d; nand loan interest (3 years prime-0.85) total $1100/month. Not too bad.# s' U4 W# c( h9 b+ t5 A" y
Also bought a new luxury apartment in China last month with $150,000. % b$ }; U. e4 h/ G6 lThat unit worths $160,000 this month. 2 y* w+ l' G4 y0 g- ?; x9 |- E( KDon'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.% Y- p3 b7 g' C: [: |
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime., F5 v7 p: A, |
Well, it is still the highest ever for my currency exchange history.