Quote:
Originally Posted by optiblue
Guess that's why Joyce did it in Taiwan and not in China. At any rate, time will tell. I wouldnt currently buy into anything that would stretch my wallet. Prices seem a little unreasonable at the moment. Rent prices are practically mortgage prices. At 715k for that one bed, you would need to rent it out for 3000+ to break even.
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If you are in a position financially to buy something for investment purposes, I assume you have a line of credit. Buy the place using your LOC, then the rent only has to cover the interest and strata fees.
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