Just to share something with someone who is investing in the housing market.0 z6 A, F% o) x2 \
Bought another condo and rent it with $1300/month. Condo fee 1 r: T' C) ?" L3 X8 }and loan interest (3 years prime-0.85) total $1100/month. Not too bad.- m1 M9 r3 }4 A2 f; }* Q a
Also bought a new luxury apartment in China last month with $150,000. + L9 S1 r! s% P4 e. C6 c6 AThat unit worths $160,000 this month.1 D8 o2 R. j) A7 g; T$ M* F2 b
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. # c4 |, R1 [ k: l9 C( t! N# pI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.; z1 _, Z! B' d' X7 K( ~
Well, it is still the highest ever for my currency exchange history.