An American in China

By ???
China
August 28, 2013 7:36am CST
An American in China Carrying $100000 Conversion of 680000RMB Spend 500000RMB to buy a house 180000RMB to enjoy oneself with feasting and other kinds of entertainment A year later Americans back home sell the house made 1000000RMB Conversion of $20000 so An American in China enjoy oneself with feasting and other kinds of entertainment in a year actually Made a profit of 100000 dollars
7 people like this
3 responses
@owlwings (38854)
• Cambridge, England
28 Aug 13
A good deal, it seems. The price of property is always rising (on the whole), so if one is going to be in one location for long, it is usually better to buy than to rent property. I have to say that property prices don't usually rise as fast as this and there are generally legal fees to be taken into account. Hitting lucky with conversion rates is not always so easy!
• Nagpur, India
31 Aug 13
hey nice one....
@narsha (466)
31 Aug 13
Amazing,but meanwhile,a reality!
• China
29 Aug 13
I wonder what will happen if a Chinese is in America with the same premises.