Just to share something with someone who is investing in the housing market. " _/ {! s- C6 C7 \ YBought another condo and rent it with $1300/month. Condo fee ' T% b- J) Y* s8 x. j8 H- }' W: xand loan interest (3 years prime-0.85) total $1100/month. Not too bad.4 a: J9 K u7 ~2 I
Also bought a new luxury apartment in China last month with $150,000. 3 T( Y) [4 e1 t2 M$ W+ L6 r0 `That unit worths $160,000 this month. 3 @. b) D$ F+ e! D' |6 KDon'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. 2 R; b4 z+ C7 PI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 2 R2 U8 Y X/ I7 G. ^% {3 HWell, it is still the highest ever for my currency exchange history.