Just to share something with someone who is investing in the housing market.9 Q# \4 V6 J8 A/ W! L, v
Bought another condo and rent it with $1300/month. Condo fee( ], Q* A' o$ Z& @% r6 R% d
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.- E* C9 h5 o8 B2 W. h% L
Also bought a new luxury apartment in China last month with $150,000. ' E9 \8 Q' D: t) [- HThat unit worths $160,000 this month.* b- s5 a# ]5 |3 s
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.. Q/ X" c' t. U
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. : ~- q3 h7 s8 o3 G' R5 J( H/ L2 [1 mWell, it is still the highest ever for my currency exchange history.