Just to share something with someone who is investing in the housing market. [& F. {1 Z& K6 A9 NBought another condo and rent it with $1300/month. Condo fee$ A( o) W8 ?! H1 f# Z
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.$ Y6 T& u: J& B% ~0 }
Also bought a new luxury apartment in China last month with $150,000. 9 H+ O+ S& x+ C# @9 I. c4 Y+ M# WThat unit worths $160,000 this month., |8 k6 ^" q. W. f
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.7 ?/ O. V f' i/ j* \: d; l" }' N5 y
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.2 E; o: V' Z1 Z( A. ?1 w o
Well, it is still the highest ever for my currency exchange history.