Just to share something with someone who is investing in the housing market. # r1 d# l* V3 g4 D8 ?Bought another condo and rent it with $1300/month. Condo fee9 f6 H) [5 ~! ]$ ?: }- A
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.5 D$ K: }! w& j4 S {
Also bought a new luxury apartment in China last month with $150,000. ) x+ O4 [% r3 W8 s9 jThat unit worths $160,000 this month.7 m! d5 o6 U5 v
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. p, w6 U. b/ I I8 l# V
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.2 m" O7 i- g* G0 M+ b! h) m
Well, it is still the highest ever for my currency exchange history.