Just to share something with someone who is investing in the housing market. 9 K @' |2 V5 C. G/ iBought another condo and rent it with $1300/month. Condo fee6 s0 x: o* F8 }! G
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. % I" P" A! m/ e& t, A/ EAlso bought a new luxury apartment in China last month with $150,000., t' b) ~: [4 C' H
That unit worths $160,000 this month. ( ]/ U" |2 e0 Y$ }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. @: |0 t" i4 X0 Z: P1 H
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.2 ~8 w( U. ^) f1 p' G8 i0 q
Well, it is still the highest ever for my currency exchange history.