Just to share something with someone who is investing in the housing market.. v& p# o# r% i9 P) Y$ w
Bought another condo and rent it with $1300/month. Condo fee0 o0 ^4 c% ]! X% t v
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. $ T8 K6 a# J8 d' T$ }; aAlso bought a new luxury apartment in China last month with $150,000. . h N) N: a. E8 S6 yThat unit worths $160,000 this month.; P2 B0 N, N D
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.5 m, c) Y2 ~& x$ U, U
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.6 c' L; R# A& L* r# k
Well, it is still the highest ever for my currency exchange history.