Just to share something with someone who is investing in the housing market." @ L$ U% M1 I3 x1 n7 [
Bought another condo and rent it with $1300/month. Condo fee 5 R$ S6 ~, o A& kand loan interest (3 years prime-0.85) total $1100/month. Not too bad. 0 x/ @" |. n% `6 w9 p7 S8 OAlso bought a new luxury apartment in China last month with $150,000.' g2 O1 _( Y; m9 Q( j5 [% J& F) L
That unit worths $160,000 this month.% T4 j( e8 `# }8 R- T; p' {
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.% x* D' x3 H# r( } M1 g6 L( J
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime./ C9 O( t& U: d8 g
Well, it is still the highest ever for my currency exchange history.