Just to share something with someone who is investing in the housing market.( V( a S& b- O6 @& j/ P% T
Bought another condo and rent it with $1300/month. Condo fee . v- `0 L0 L9 u2 Q2 mand loan interest (3 years prime-0.85) total $1100/month. Not too bad.( |. g# U# u* Y3 X; @6 {/ n
Also bought a new luxury apartment in China last month with $150,000.) _& J2 \4 u- m4 v
That unit worths $160,000 this month.3 u$ M/ c* k: Q+ [2 s: b* q
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/ X6 a* n; L" h! o3 Y8 B& oI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. $ i0 V+ n* b' _# d% g. yWell, it is still the highest ever for my currency exchange history.