Posted by: timi_mero_sathi April 5, 2011
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Ngarikreport ji
Thank you for your thoughtfull input
messiah ji
it is not my house, my relatives, they dont live in nepal, already settled abroad and they have no plan to return to Nepal
newstudent ji
I think there is some relation between inflation, purchasing power and value of currency, when inflation is in double digit currency will lose its buying power, Real etsate have shown a correction, in bad days land and house outside core area will do badly but those in centeres wont be affected that much. That is why commercial real estates are more profitable than residentail ones and if you have commercial real estates in city center it is like Porche.
Thank you for your thoughtfull input
messiah ji
it is not my house, my relatives, they dont live in nepal, already settled abroad and they have no plan to return to Nepal
newstudent ji
I think there is some relation between inflation, purchasing power and value of currency, when inflation is in double digit currency will lose its buying power, Real etsate have shown a correction, in bad days land and house outside core area will do badly but those in centeres wont be affected that much. That is why commercial real estates are more profitable than residentail ones and if you have commercial real estates in city center it is like Porche.