Just to share something with someone who is investing in the housing market. : ^, [0 k1 n' P; D$ KBought another condo and rent it with $1300/month. Condo fee% }' e0 p4 q8 Q! `
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. u$ l* N7 i" h% f& I# J3 OAlso bought a new luxury apartment in China last month with $150,000.: R f$ E9 L. J/ T$ }3 y$ u8 n
That unit worths $160,000 this month.# E p$ _: d0 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.' f. K8 ~, T2 O# ^# B# Y; k& l
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.! n" q# ]. p1 t( B
Well, it is still the highest ever for my currency exchange history.