Just to share something with someone who is investing in the housing market. - T# G. F1 [+ Q9 f& H* `Bought another condo and rent it with $1300/month. Condo fee ( Y% v: V$ Z$ Xand loan interest (3 years prime-0.85) total $1100/month. Not too bad.% G9 q7 r/ M4 y" U
Also bought a new luxury apartment in China last month with $150,000.& H' c E y7 |- b0 F/ w7 _/ d
That unit worths $160,000 this month.: d: y9 \2 m' B" F5 ~
Don't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.& Z! o* e$ _/ }6 k6 i; y. j) Z
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. - D) x2 h4 ?9 K! bWell, it is still the highest ever for my currency exchange history.