Just to share something with someone who is investing in the housing market. ( `. D. B; p( |/ L& I& iBought another condo and rent it with $1300/month. Condo fee ' ^6 F9 e0 E! m r- R! [and loan interest (3 years prime-0.85) total $1100/month. Not too bad.: {) M/ A: | f0 F3 i
Also bought a new luxury apartment in China last month with $150,000. 5 V+ t0 C1 X& [; v* J/ J/ |That unit worths $160,000 this month. 3 P+ P6 d# p5 ]9 x2 |) i* \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./ c. O0 f! N: c2 X) D: Z3 |6 e3 ?
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.5 c h4 `% O0 t! W0 V5 j1 Y
Well, it is still the highest ever for my currency exchange history.