Just to share something with someone who is investing in the housing market. / q; p6 h( z i- ABought another condo and rent it with $1300/month. Condo fee" }9 K) C1 f6 W
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. ; q6 g# i- J3 i# q" f: _Also bought a new luxury apartment in China last month with $150,000. ' U) o9 V6 ]/ C% n2 C" UThat unit worths $160,000 this month. ( P1 G# _" h8 w& q+ ADon't talk too much, just do it.
I don't want to invest in China either. But $1= 7.75 RMB is hard to resist." h& y* q) T$ a0 D' S
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.2 ]0 N3 h# O$ D
Well, it is still the highest ever for my currency exchange history.