Just to share something with someone who is investing in the housing market. $ K- M6 X" P8 ]' @6 g% ~" v. {Bought another condo and rent it with $1300/month. Condo fee5 }: M9 P" v5 |4 h4 C! p5 l7 w
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. ! r9 G m* V* k/ U- c. y6 cAlso bought a new luxury apartment in China last month with $150,000./ I. N0 h. C: ?; E: o2 U" p
That unit worths $160,000 this month.& o6 N% S; @* b6 {# @" A& 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. ' D; F3 ^7 V) a1 Q6 VI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. ! |& [( h* |6 m- z& [Well, it is still the highest ever for my currency exchange history.