Posted by: Stiffler April 5, 2011
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There is a calculation that helps you decide whether you can rent or buy based upon various factors, including bank rates, treasury yield etc etc. From that stand point Pire is right, the price of houses in Ktm are overly inflated and it won’t make any economic sense to buy the house for the price quoted.
On the same token, you cannot blame guys like timi_mero_sathi as well since he is merely going with what the market demands. Supply and Demand is a bigger driver of economic trend than any other logical reasoning. Price of house in suburb NY didn’t make sense around 2007, but that’s what every other house went for. I agree that this is “speculation” and the bubble will burst; if it hasn’t already.
Howz the price in the outskirts of Kathmandu?
On the same token, you cannot blame guys like timi_mero_sathi as well since he is merely going with what the market demands. Supply and Demand is a bigger driver of economic trend than any other logical reasoning. Price of house in suburb NY didn’t make sense around 2007, but that’s what every other house went for. I agree that this is “speculation” and the bubble will burst; if it hasn’t already.
Howz the price in the outskirts of Kathmandu?