Just to share something with someone who is investing in the housing market. . A8 \) B$ G, T1 DBought another condo and rent it with $1300/month. Condo fee* ^9 N% Y7 x1 ~4 Q; j* R
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.1 Y2 V- P0 q n% {0 {/ ~
Also bought a new luxury apartment in China last month with $150,000. ( c3 Z3 ^0 B8 B9 h! NThat unit worths $160,000 this month. . ^. | l* D0 g7 b# G6 l# wDon't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.$ r& a. A' q' k7 C3 t" V; a/ o- W
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. $ f/ l: S$ p; {# B0 @. z" CWell, it is still the highest ever for my currency exchange history.