Just to share something with someone who is investing in the housing market. % p' Q: p" Y% l6 e. [) E0 E1 EBought another condo and rent it with $1300/month. Condo fee% U6 {2 G( g. x7 S3 u/ Z/ }- C
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. ! J8 \. O N9 Z4 m1 F0 SAlso bought a new luxury apartment in China last month with $150,000. " K! g# R" m! GThat unit worths $160,000 this month. " L K' r$ w0 j+ {/ DDon'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.) I& m1 I- c* H
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. - R+ P7 d% I4 r/ jWell, it is still the highest ever for my currency exchange history.