Just to share something with someone who is investing in the housing market.! |* ?4 B) D, P
Bought another condo and rent it with $1300/month. Condo fee9 ?( k( \" ]" Z' Q
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. : }0 C% x2 T$ f3 B2 pAlso bought a new luxury apartment in China last month with $150,000. l. K& V& o1 n
That unit worths $160,000 this month.; B+ }; ?- s3 j4 ^
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 k9 [* T' r5 F7 ^7 l) _3 I, ]I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.2 y8 c( }+ z+ k- Y7 h
Well, it is still the highest ever for my currency exchange history.