I also believe that the real estate will soon go down in KTM. However, the impact may not be as bad as in US. There are still thousands of people migrating to the capital from outside KTM and the trend of people going aboard for employment has not slowed down. Having said that, the value of the property in KTM right now is just ridiculous. With uncomparable annual per capita income with US, the real estate is actually more expensive than US. The math just does not go along. How could so many Nepalese people afford to buy such exepensive properties?