Just to share something with someone who is investing in the housing market.2 }' ]/ a- M- ^* W! ~8 |" y
Bought another condo and rent it with $1300/month. Condo fee 7 H6 U, F4 }5 x! f$ S3 Gand loan interest (3 years prime-0.85) total $1100/month. Not too bad. ' y/ g7 q# _3 [* TAlso bought a new luxury apartment in China last month with $150,000. ' K9 c4 R% |9 Q$ e3 TThat unit worths $160,000 this month. W4 p8 h0 Y3 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. 2 p' J2 `! M |4 \$ ^I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. - v4 J6 p- s' z- M7 D5 mWell, it is still the highest ever for my currency exchange history.