Pire,

I have not said that the price must rise, i was trying to make a point that land/housing market is very less likely to crash for the reasons i have given.

At this point i would not buy anything anything in KTM Metro myself but i think there is still opportunities in the outskirts (near the valley hills).

Housing markets in India and China are still on the rise, we will get some of that trickle down as well. My father was saying we had a similar slow down around 2052 BS.

So i think selling now is not a bad idea at all. But if you are holding something and do not need to sell it short term there is no need to panic. Most of the lands are being held by individuals and are willing to hold it until they get there price. So if someone is looking to buy then they should wait for sometime to see if the prices goes down short term.


My attempts to answer your questions:

The key questions of interest are: why this
sudden discontinuous jump?

No other place to invest but in Land or House


Sure, Maoist problem was rising since 1995
or so, people began going abroad in large mass since early 90s, but why
now?

People did not really start going out until the middle east property boom. After the 2000s

 After the Maoist problem has actually ended and all fires in
Madhes seems to be less than in previous years? Why jump , rather than
a continuous increase?

Same answer again, no place to put the money in, place for corruption money, High demand less supply.

How would the market correct it?

We may see a slow down of 2052, where the prices did not move for couple years. But do not expect to see a correction like we saw in the first world market such as US, Europe, and Arab. In Nepal most purchases are done with Cash and not leveraged.