Posted by: Agnibikram March 15, 2011
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Don't worry about what my parents are doing, son. I didn't buy it. My parents did.
And again, if you've got money right now, this IS the right time to buy lands and houses in Nepal as the people who financed their purchases are literally on their knees, praying someone will buy their lands and houses. This gives a buyer a major upperhand and can literally purchase anything at the price he asks for. The borrowers are struggling to pay off their interests and are ready to sell their land/property for a reasonable amount.
3 years from now, the prices will soar up again as money will continue growing once the economic meltdown is taken care of, but the area ( land ) will not.
It all comes down to affordability though, like I've already aforementioned.
And again, if you've got money right now, this IS the right time to buy lands and houses in Nepal as the people who financed their purchases are literally on their knees, praying someone will buy their lands and houses. This gives a buyer a major upperhand and can literally purchase anything at the price he asks for. The borrowers are struggling to pay off their interests and are ready to sell their land/property for a reasonable amount.
3 years from now, the prices will soar up again as money will continue growing once the economic meltdown is taken care of, but the area ( land ) will not.
It all comes down to affordability though, like I've already aforementioned.