Just to share something with someone who is investing in the housing market.+ k3 x0 K2 c0 C+ q, e
Bought another condo and rent it with $1300/month. Condo fee / p6 D6 A" X8 v# q; @and loan interest (3 years prime-0.85) total $1100/month. Not too bad.& R$ b K: [8 O! s9 _/ p
Also bought a new luxury apartment in China last month with $150,000." _! z0 |$ Z( J
That unit worths $160,000 this month. 1 Y: H! g; s) b! qDon'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.3 l8 Q: p T5 g- n
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. 5 O% L/ G1 b6 W* VWell, it is still the highest ever for my currency exchange history.