Just to share something with someone who is investing in the housing market. $ _5 ~1 f! g: V$ PBought another condo and rent it with $1300/month. Condo fee% }/ [! a5 z0 m
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. . r e q: U; [% G% ]4 aAlso bought a new luxury apartment in China last month with $150,000./ L- M. H( `# Z( S+ K2 F" \
That unit worths $160,000 this month. 6 q/ ]- U8 U: W" n% A& t- E. w1 UDon't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.& ], Y9 E. W$ \! N
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.6 ^$ Z" L( q; O0 q2 I
Well, it is still the highest ever for my currency exchange history.