Just to share something with someone who is investing in the housing market. ; e5 @( s& |: ^Bought another condo and rent it with $1300/month. Condo fee) J5 k$ I! q9 V7 a+ O& i' G- j
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.( b9 w5 V5 N# [4 j
Also bought a new luxury apartment in China last month with $150,000. : d( e! t$ c* Q* L. O" H H+ eThat unit worths $160,000 this month. ; Z, |0 o' Z6 `! {( }, \6 lDon'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.+ A; Y; a. O6 R, B5 k
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. : ?) b3 G! ~3 e; \2 \/ ZWell, it is still the highest ever for my currency exchange history.