Just to share something with someone who is investing in the housing market.# z& S* U; P. ?% p
Bought another condo and rent it with $1300/month. Condo fee% y* v" l0 b5 s0 o
and loan interest (3 years prime-0.85) total $1100/month. Not too bad. 2 L4 F$ _3 [/ D# TAlso bought a new luxury apartment in China last month with $150,000. , W* W7 S7 ~" r O; N" |That unit worths $160,000 this month. ' h" n9 G% A" B# `) A: 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.& c+ g3 @' G1 B# | R! [
I am not regreted so far even though I cannot catch the $1= 8.10 RMB prime. - p, O* `* V [2 a$ r3 e. a1 ?Well, it is still the highest ever for my currency exchange history.