Just to share something with someone who is investing in the housing market. * f5 R0 N+ Q- w# z7 kBought another condo and rent it with $1300/month. Condo fee: I7 k$ H8 H' ]3 D! D
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.' b; O9 O) Z/ ]! k1 {
Also bought a new luxury apartment in China last month with $150,000.% h$ T! [& ?5 B9 A+ A+ w4 v
That unit worths $160,000 this month. ! A3 \% ]$ N; w! K) }6 ADon't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist. + }1 x2 F b! D: c% `$ vI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 7 a' Z# q- d& U1 T hWell, it is still the highest ever for my currency exchange history.