Just to share something with someone who is investing in the housing market. 2 V8 G! {8 n+ a2 JBought another condo and rent it with $1300/month. Condo fee . M$ I6 A6 u! Gand loan interest (3 years prime-0.85) total $1100/month. Not too bad. ' ?6 V1 t2 z% J" K9 {Also bought a new luxury apartment in China last month with $150,000.% T9 P# [0 f9 p& ~
That unit worths $160,000 this month.* a5 g+ _6 w2 l+ k& 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.' Z l6 x6 K0 w7 [* R6 r" i z
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.6 p. P1 T+ W5 Q+ \2 i( K& B; ^' |
Well, it is still the highest ever for my currency exchange history.